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    Business
  3. Study Set
    Contemporary Accounting
  4. Exam
    Exam 5: Presentation of Financial Position and the Worksheet
  5. Question
    An Operating Cycle May Exceed 12 Months and Be Longer
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An Operating Cycle May Exceed 12 Months and Be Longer

Question 65

Question 65

True/False

An operating cycle may exceed 12 months and be longer than an accounting cycle.

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