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    Business
  3. Study Set
    Fundamentals of Financial Accounting
  4. Exam
    Exam 6: Internal Control and Financial Reporting for Cash and Merchandising Operations
  5. Question
    The Operating Cycle Involves
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The Operating Cycle Involves

Question 136

Question 136

Multiple Choice

The operating cycle involves:


A) generating revenues and collecting from customers
B) purchasing of long-term assets
C) borrowing and repaying of long-term debt
D) issuing of stock

Correct Answer:

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