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    Fundamental Accounting Principles Study Set 1
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    Exam 4: Completing the Accounting Cycle
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    Current Assets and Current Liabilities Are Expected to Be Used
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Current Assets and Current Liabilities Are Expected to Be Used

Question 168

Question 168

True/False

Current assets and current liabilities are expected to be used up or come due within one year or the company's operating cycle whichever is longer.

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