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Prepayments occur when: Multiple Choice Sales are delayed pending credit approval. Customers are unable to pay the full amount due when goods are delivered. Cash

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Prepayments occur when: Multiple Choice Sales are delayed pending credit approval. Customers are unable to pay the full amount due when goods are delivered. Cash flow precedes expense recognition Manufactured goods await quality control Inspections. The conceptual framework's qualitative characteristic of faithful representation includes: Multiple Choice Confirmatory value. Timeliness Predictive value. Neutrality

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