Which of the Following Best Describes the Operating Cycle

Multiple Choice

Which of the following best describes the operating cycle?

A) It is the length of the manufacturing process.
B) It is the time that elapses from the purchase of inventory on account to the sale of inventory on account.
C) It is the time that elapses from the completion of the manufacturing process to the cash collection from sale of the manufactured goods.
D) It is the time that elapses from the cash payment to suppliers to collection of cash from customers.