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  3. Study Set
    Practical Financial Management Study Set 1
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    Exam 2: Financial Background: a Review of Accounting Financial Statements and Taxes
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    Which of the Following Does Not Cause Accounting Profit and Cash
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Which of the Following Does Not Cause Accounting Profit and Cash

Question 15

Question 15

Multiple Choice

Which of the following does not cause accounting profit and cash flow to differ?


A) Depreciation
B) Sales made on credit
C) Payroll expense
D) Inventory purchased, but not yet sold

Correct Answer:

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