Which of the following is NOT correct about A) The operating cycle sometimes is longer than one
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Question:
B) The operating cycle always is one year in duration.
C) The operating cycle sometimes is shorter than one year in duration.
D) The operating cycle is a concept applicable both to manufacturing and retailing enterprises.
Related Book For
Income Tax Fundamentals 2015
ISBN: 9781305177772
33rd Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven Gill
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