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    Financial Accounting Study Set 24
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    Exam 6: Reporting and Interpreting Sales Revenue, Receivables, and Cash
  5. Question
    Cash Receipts from Customers Are Greater Than Sales Revenues When
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Cash Receipts from Customers Are Greater Than Sales Revenues When

Question 107

Question 107

Multiple Choice

Cash receipts from customers are greater than sales revenues when there is a(n)


A) increase in trade receivables
B) decrease in trade receivables
C) increase in cost of goods sold
D) decrease in cost of goods sold

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