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Question 12 (2 points) The term trade receivables refers to any receivable generated by buying a product or providing a service to a customer. Question

Question 12 (2 points)

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The term trade receivables refers to any receivable generated by buying a product or providing a service to a customer.

Question 12 options:

True
False

Question 13 (2 points)

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The allowance method does not follow GAAP matching principle.

Question 13 options:

True
False

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