Question : -------------- is the time between the acquisition of an asset for processing and its Realization into "Cash and Cash Equivalents.”
Option 1: Operating cycle
Option 2: Accounting period
Option 3: Financial year
Option 4: None of the above
Correct Answer: Operating cycle
Solution : Answer = Operating cycle
The term "operating cycle" refers to the time duration from the acquisition of an asset for processing or production to its eventual conversion into cash or cash equivalents through sales. It represents the period during which a company invests in inventory, incurs expenses, and generates revenue from sales to customers. Hence, the correct option is 1.
Question : Which of the following statements is not true, with respect to operating cycles?
Question : Net Increase/Decrease in cash and cash equivalents + Cash and Cash equivalents at the beginning of the period =..........
Question : _______________are the acquisition and disposal of Long-term Assets and other investments not included in cash equivalents.
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