(For each question you may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) 7a. Which of the following statements are true with respect to the Accounts Receivable Analysis visualization? check all that apply 1 The blue bars show the percentage of each months sales that should be collected in the month of sale according the companys budgeting assumptions.unanswered The Blue bars show each months ending accounts receivable balance as a percent of current assets according to the flexible budget.unanswered The red bars show each months actual ending accounts receivable balance as a percent of current assets.unanswered The red bars show the percentage of each months sales that were actually collected in the month of sale.unanswered 7b. Which of the following statements are true with respect to the Accounts Receivable Analysis visualization? check all that apply 2 Each months actual accounts receivable as a percent of sales is less than the budgeted accounts receivable as a percent of sales.unanswered Each months actual accounts receivable as a percent of sales is greater than the budgeted accounts receivable as a percent of sales.unanswered Some of the months actual accounts receivable as a percent of sales are less than the budgeted accounts receivable as a percent of sales, whereas in other months the opposite is true.unanswered Some of the months actual accounts receivable as a percent of sales are greater than the budgeted accounts receivable as a percent of sales, whereas in other months the opposite is true.unanswered 7c. Which of the following statements are true with respect to the Accounts Receivable Analysis visualization? check all that apply 3 The cash collections in each month that are related to that months sales are always less than the expectations according to the budget.unanswered The cash collections in each month that are related to that months sales are always greater than the expectations according to the budget.unanswered The budget suggests that 80% of each months sales should be collected in the month of sale.unanswered The actual results indicate that more than 80% of each months sales are being collected in the month of sale.unanswered 7d. Which of the following insights are revealed by the Accounts Receivable Analysis visualization? check all that apply 4 The companys actual cash collection pattern is having an adverse effect on its operating cash flows.unanswered The companys actual cash collection pattern is having a positive effect on its operating cash flows.unanswered The companys actual cash collection pattern is having an adverse effect on its operating cash flows in most months, but a positive effect in a few months.unanswered The companys actual cash collection pattern is having an adverse effect on its operating cash flows in a few months, but a positive effect in most months.unanswered