Question

The time required for a business to acquire resources, convert them into a product, sell the product, and receive cash from the sale is referred as the _____ cycle of a business.

A. seasonal
B. operating
C. credit
D. chargeback

Answer 1

The time required for a business to acquire resources, convert them into a product, sell the product, and receive cash from the sale is referred to as the operating cycle of a business.

Step-by-step explanation:

The time required for a business to acquire resources, convert them into a product, sell the product, and receive cash from the sale is referred to as the operating cycle of a business.