The Operating Cycle Is the Elapsed Time Between The

Multiple Choice

The operating cycle is the elapsed time between the:

A) Purchase of goods or services and the ultimate collection of cash from customers related to the sale of those goods.
B) Sale of goods or services to customers and the payment to suppliers for those goods.
C) Purchase of goods from suppliers and the performance of the related service for customers.
D) Sale of goods and the delivery of those goods to customers.