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    Principles of Accounting Study Set 1
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    Exam 11: Current Liabilities and Fair Value Accounting
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    Which of the Following Is Not a Component of the Operating
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Which of the Following Is Not a Component of the Operating

Question 166

Question 166

Multiple Choice

Which of the following is not a component of the operating cycle?


A) Sales to customers
B) Collection of accounts receivable
C) Recognition of depreciation
D) Purchases from suppliers

Correct Answer:

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