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    Financial Accounting Study Set 13
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    Exam 7: Reporting and Interpreting Cost of Goods Sold and Inventory
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    T Co's Reported a Deduction from Profit of ($2,781)in Thousands for for the Change
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T Co's Reported a Deduction from Profit of ($2,781)in Thousands for for the Change

Question 106

Question 106

True/False

T Co.'s reported a deduction from profit of ($2,781)in thousands for the change in trade receivables on their 2012 cash flow statement.This was caused by an increase in trade receivable from 2011 to 2012.

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