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In relation to converting accrual information to the cash basis, which of the following statements is true? Select one: a. A decrease in current liabilities
In relation to converting accrual information to the cash basis, which of the following statements is true?
Select one:
a. A decrease in current liabilities means more cash.
b. An increase in current assets means less cash.
c. A decrease in current assets means less cash.
d. An increase in current liabilities means less expense.
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