UESTION 10

1. There is significant interaction between cash receipt transactions and accounts receivable because _______.

   		A. the creation of an account receivable indicates receipt of cash
   		B. a misstatement of cash receipts will result in a misstatement of accounts receivable.
   		C. a misstatement of cash receipts will result in a misstatement of interest payments
   		D. the settlement of an account receivable will result in a decrease to the cash account