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f liabilities are disclosed as current on the basis of the entity's operating cycle, and this cycle is greater than 12 months it should: adjust

f liabilities are disclosed as current on the basis of the entity's operating cycle, and this cycle is greater than 12 months it should:

adjust the statement of financial position for a 12 month period.

disclose the length of the operating cycle.

apply the 12-month test.

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