Passage Two About a business operating cycle, which of the followings is the most accurate
A: 12 months
B: half a year
C: the time span during which cash is used to acquire goods and services
D: always longer than a year
A: 12 months
B: half a year
C: the time span during which cash is used to acquire goods and services
D: always longer than a year
举一反三
- Liabilities that are required to be paid within a year are classified as current liabilities. If the normal operating cycle is longer than a year, liabilities that are required to be paid during the normal operating cycle are classified as current liabilities.
- Which time signal does not appear in the text? ( ) A: in several months B: when the final day came C: a year and half later D: a long, long time ago
- When computing the cost of the basket of goods and services purchased by a typical consumer, which of the following changes from year to year? A: The quantities of the goods and services purchased. B: The prices of the goods and services. C: The goods and services making up the basket. D: All the choices are correct.
- 1) Which term means “the amount of money which a business obtains (in a year) from customers by selling goods or services”? A: Annual income B: operation profit C: annual turnover D: net profit
- A normal year has 12 lunar months with about _____ days in each month, and during the leap year an extra month is added.( )。 A: 29 B: 28 C: 31 D: 30