Question: 1 ) The assets that will not be converted to cash or used up within the business's operating cycle or one year, whichever is greater,

1) The assets that will not be converted to cash or used up within the business's operating cycle or one year, whichever is greater, are called:
A) long-term assets.
B) long-term liabilities.
C) current assets.
D) current liabilities.

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