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    Financial Accounting Study Set 24
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    Exam 5: Communicating and Interpreting Accounting Information
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    In the Indirect Method, an Increase in Trade Receivables Is
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In the Indirect Method, an Increase in Trade Receivables Is

Question 41

Question 41

Multiple Choice

In the indirect method, an increase in trade receivables is reported on the statement of cash flows as:


A) an increase to sales.
B) a decrease to sales.
C) an increase to cash.
D) a decrease to cash.

Correct Answer:

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