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    Managerial Accounting Study Set 23
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    Exam 15: Statement of Cash Flows
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    If Accounts Receivable Increase During a Period, Then the Amount
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If Accounts Receivable Increase During a Period, Then the Amount

Question 71

Question 71

True/False

If accounts receivable increase during a period, then the amount of cash collected from customers will be less than the amount of sales reported on the income statement for the period.

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