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    Principles of Financial Accounting Study Set 1
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    Exam 4: Completion of the Accounting Cycle
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    Which of the Following Would NOT Affect the Acid-Test Ratio
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Which of the Following Would NOT Affect the Acid-Test Ratio

Question 143

Question 143

Multiple Choice

Which of the following would NOT affect the acid-test ratio?


A) increasing supplies
B) decreasing accounts receivable
C) increasing cash
D) decreasing accounts payable

Correct Answer:

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