An Entity's Operating Cycle Cannot Be Greater Than 12 Months

question 44

True/False

An entity's operating cycle cannot be greater than 12 months.

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Definitions:

Agriculture

The science, art, and practice of cultivating the soil, growing crops, and raising livestock, serving as a foundational component of the global economy.

Native Americans

Indigenous peoples who lived in the Americas before European colonization.

Zulu

Refers to the ethnic group of people with the largest population in South Africa, known for their rich cultural heritage and history, including military conflicts with British colonial forces.

Aboriginal People

Indigenous peoples who are the original inhabitants of a region, before colonization or settlement by others.