AFP

CTP · Question #751

(Topic 8) Which of the following is NOT a component of the operating cycle?

The correct answer is A. Determining stale inventory. See the full explanation below for the reasoning.

Question

(Topic 8)

Which of the following is NOT a component of the operating cycle?

Options

ADetermining stale inventory
BAcquiring materials or resources
CSelling goods or services
DCollecting payment

How the community answered

(33 responses)

A
70% (23)
B
18% (6)
C
6% (2)
D
6% (2)

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