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Question 29 (3.34 points) Suppose the timing and dollar amounts of invoices are similar across months, and six months ago the amount of the backlog

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Question 29 (3.34 points) Suppose the timing and dollar amounts of invoices are similar across months, and six months ago the amount of the backlog of suspended invoices increased. If the amount of the backlog persisted over time, the most likely statement about the current month end accounts payable balance is that it: May include invalid invoice amounts Represents the actual balance accurately Overstates the actual balance Understates the actual balance

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