Question

Operating Cycle is the time between the acquisition of assets for processing and their realisation into:

(a) Current Assets

(b) Non- current Assets

(c) Other Current Assets

(d) Cash and Cash Equivalents

Answer 1

Correct answer is (d) Cash and Cash Equivalents

Explanation: Operating Cycle is the time between the acquisition of assets for processing and their realisation into Cash and Cash Equivalents.