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which of the following is false regarding the financial statement cycle? a. inventory in capital acquisition are in the same cycle. Be. Several accounts will

which of the following is false regarding the financial statement cycle? a. inventory in capital acquisition are in the same cycle. Be. Several accounts will be maintained and audited as one transaction cycle. C. the cycle approach keeps closely related types of transactions and account balances in the same segment. D. Sales and collections are part of the same cycle

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