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What is the result of an increase in accounts payable during a period? A. Expenses on an accrual basis are less than expenses on a
What is the result of an increase in accounts payable during a period?
A. Expenses on an accrual basis are less than expenses on a cash basis.
B. Expenses on an accrual basis are greater than expenses on a cash basis.
C. Expenses on an accrual basis are the same as expenses on a cash basis.
D. Revenues on an accrual basis are less than revenues on a cash basis.
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