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    Contemporary Accounting
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    Exam 5: Presentation of Financial Position and the Worksheet
  5. Question
    Which Statement Below Is True About a Company's Operating Cycle
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Which Statement Below Is True About a Company's Operating Cycle

Question 44

Question 44

Multiple Choice

Which statement below is true about a company's operating cycle?


A) It may not exceed one year.
B) It must be one year.
C) It may be longer than a year.
D) It is always longer than a year.

Correct Answer:

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