The operating cycle of a business is defined by (a) Tax authorities (b) Seasons (c) The time it takes for cash consumed (or committed) to acquire resources to be returned to cash through sales and...

The operating cycle of a business is defined by (a) Tax authorities (b) Seasons (c) The time it takes for cash consumed (or committed) to acquire resources to be returned to cash through sales and payment by customer (cash-to-cash cycle) (d) Each industry trade association