1A.28.Which one of the following activities is not a major component of the operating cycle?
A)manufacturing process
B)selling effort
C)collection period
D)asset investment decisions

Question

Quizplus · Accepted Answer

The major components of the operating cycle are the manufacturing process, selling effort and collection period. Asset investment decisions are not a part of the operating cycle. They are a separate decision-making process that involves deciding how to allocate funds for long-term investments such as property, plant, and equipment, and other fixed assets.

1A28Which One of the Following Activities Is Not a Major