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42. In a short-run financial planning model, the current month's accounts payable balance is the previous month's balance plus: a. The current month's cost of

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42. In a short-run financial planning model, the current month's accounts payable balance is the previous month's balance plus: a. The current month's cost of goods sold. b. The current month's purchases. c. The current month's purchases less the current month's cost of goods sold. d. The current month's sales less the previous month's cost of goods sold. 43. A short-term financial forecast based on past policies and trends is called: a. Model forecast. b. "Straw man" forecast. c. Revised forecast. d. Final forecast

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