Question

The second step in the Operating Cycle is called?

A) Purchase
B) Manufacture
C) Sale
D) Collection

Answer 1

The second step in the Operating Cycle is Manufacture. In this step, raw materials are transformed into finished goods.

Step-by-step explanation:

The second step in the Operating Cycle is Manufacture. In this step, raw materials are transformed into finished goods. This process involves using labor, machinery, and other resources to produce products that are ready for sale.