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6) Revenues are: a. cash payments from customers b. outflows of assets to customers C. cash receipts from customers d. inflows of assets from customers
6) Revenues are: a. cash payments from customers b. outflows of assets to customers C. cash receipts from customers d. inflows of assets from customers e. sensitive to the timing of cash receipts from customers 7) Which of the following are true? a. not all future benefits qualify as assets b. all liabilities provide future benefits 2 c. all future benefits are assets. d. none of the above
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