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Which of the following statements about a company's operating cycie is false? Ourrect isens are expected to come dwe within one year or the company's
Which of the following statements about a company's operating cycie is false?
Ourrect isens are expected to come dwe within one year or the company's operating cycle, whichever is longer.
The coerating cycle is the bime spen from when cash is used to acquire goods and services until cash is received from the sale of goods and services.
Most operating creles ant less than one year.
Most companies use a one vear periad to classify camrent and noncurent items.
Noncurrent itsens are eppected to come dos within one year or the company soperating cyde.
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