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In order to prepare more accurate accounting statements regarding Republic's accrued liabilities, Yale Express VP could have A) used past experience to estimate Republic's accrued
In order to prepare more accurate accounting statements regarding Republic's accrued liabilities, Yale Express VP could have
A) used past experience to estimate Republic's accrued liabilities to local trucking companies who did not submit their invoices in time.
B) written to all its outsourced trucking companies to inform them that if invoices were not submitted within 20 days of quarter end, they would receive no payment.
C) switched to cash accounting basis for reporting income and liabilities.
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