Which of the following is correct about non-trade receivables being classified as current assets? a. non-trade receivables are classified as current assets if these are collectible within one year or the company's normal operating cycle. whichever is shorter. b. non-trade receivables are classified as current assets if these are collectible within the company's normal operating cycle c. non-trade receivables are classified as current assets if these are collectible within one year d. non-trade receivables are classified as current assets if these are collectible within one year or the company's normal operating cycle, whichever is longer. e. non-trade receivables are never classified as current assets.
Which of the following is correct about non-trade receivables being classified as current assets?
a. non-trade receivables are classified as current assets if these are collectible within one year or the company's normal operating cycle. whichever is shorter.
b. non-trade receivables are classified as current assets if these are collectible within the company's normal operating cycle
c. non-trade receivables are classified as current assets if these are collectible within one year
d. non-trade receivables are classified as current assets if these are collectible within one year or the company's normal operating cycle, whichever is longer.
e. non-trade receivables are never classified as current assets.
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