Q172
Arrange the following steps of operation cycle in correct order 1. Conversion of a accounts receivables into cash. 2. Conversion of work-in-progress into finished goods. 3. Conversion of raw-material into work-in-progress. 4. Conversion of finished goods into accounts receivable.
A.
2, 1, 4, 3
B.
4, 3, 2, 1
C.
3, 2, 4, 1
AnswerD.
1, 4, 3, 2
Answer: Option C
Solution
Answer: Option C
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