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    Auditing and Assurance Services Study Set 2
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    Exam 7: Audit Evidence
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    To Determine Accounts Receivable Turnover, Net Sales Are Divided by
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To Determine Accounts Receivable Turnover, Net Sales Are Divided by

Question 17

Question 17

Multiple Choice

To determine accounts receivable turnover, net sales are divided by


A) beginning net accounts receivable.
B) average gross receivables.
C) cost of goods sold.
D) 365 days.

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