Question: 3. Which statement is true concerning operating assets? a. Operating assets have no physical properties. b. A companys operating assets are important to its shortterm

3. Which statement is true concerning operating assets? a. Operating assets have no physical properties. b. A companys operating assets are important to its shortterm liquidity. c. Operating assets are used over two or more periods to generate revenues. d. All operating assets are reported on the balance sheet

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