The operating cycle involves:
A) generating revenues and collecting from customers
B) purchasing of long-term assets
C) borrowing and repaying of long-term debt
D) issuing of stock

Question

Quizplus · Accepted Answer

The operating cycle involves the process of generating revenue from customers and collecting payment from them, which is essential for the smooth functioning of a business. Purchasing long-term assets, borrowing and repaying long-term debt, and issuing stock are not directly related to the operating cycle.

The Operating Cycle Involves