Final answer:
In a time-sharing operating system, when a process's allocated time slot is completed, it enters the Ready state as it awaits another turn to be processed by the CPU.
Step-by-step explanation:
In a time-sharing operating system, when the time slot allocated to a process is completed, the process transitions from the running state to the Ready state. This is because the process is still ready to execute but must wait its turn as the CPU is assigned to other processes in the system.
The time-sharing model employs a scheduler which enforces the switching of processes to ensure that all active processes get a fair amount of CPU time, this method is often referred to as context switching.
The other available states for a process such as Blocked, Suspended, or Terminated represent different scenarios: a process waiting for an event (Blocked), temporarily inactive (Suspended), or completed/aborted execution (Terminated).