Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Business Arithmetic

Question:
The duration between buying the raw material and receiving the cash from the customer is known as :
Options:
Operating Cycle
Cash Conversion Cycle.
Working Capital Cycle
1 or 2
Correct Answer:
1 or 2
Explanation:
The duration between buying the raw material and receiving the cash from the customer is known as the "Operating Cycle". It is also referred to as the Cash Conversion Cycle.