Question: Which statement best describes a business's objective in managing the operating cycle? The operating cycle to be as short as possible to minimize the funds

Which statement best describes a business's objective in managing the operating cycle?
The operating cycle to be as short as possible to minimize the funds tied up in working capital.
The operating cycle should be as long as possible to get maximum use from the assets.
The objective in managing the length of the operating cycle is entirely specific to each company.
The operating cycle should be as short as possible during busy period and as long as possible during periods of low activity.
Which statement best describes a business's

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