أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
A. The current operating cycle.
B. One year.
C.The current operating cycle or one year, whichever is longer.
D.The current operating cycle or one year, whichever is shorter.
Answer C is the correct answer . Whichever is longer .
option a the current operating cycle
the correct answer number C
Answer is (C) whichever is longer
The answer is:
C.The current operating cycle or one year, whichever is longer.
B:It is expected to be collected in one year.
If a receivable classified as a current asset than it is expected that it will be collected within One year from the date of the financial statements i.e. in next financial year
its D the current or one year the shorter