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Which of the Following Transactions Will Result in an Increase

Question 52

Multiple Choice

Which of the following transactions will result in an increase in operating income as of the date of the transaction?


A) The sale of investments at a gain.
B) Collection of cash from a customer for services to be provided at a later date.
C) Providing a service to a customer on account.
D) The receipt of cash dividends from an investment.

Correct Answer:

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