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If Accounts Payable Have Increased During a Period

Question 132

Multiple Choice

If accounts payable have increased during a period,


A) revenues on an accrual basis are less than revenues on a cash basis
B) expenses on an accrual basis are less than expenses on a cash basis
C) expenses on an accrual basis are the same as expenses on a cash basis
D) expenses on an accrual basis are greater than expenses on a cash basis

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