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Which of the following reasons is NOT considered acceptable when examining the decrease in accounts receivable on the cash flow statement? More customers have failed
Which of the following reasons is NOT considered acceptable when examining the decrease in accounts receivable on the cash flow statement?
More customers have failed to pay off their accounts compared to prior year. | ||
The company is collecting its accounting receivable faster. | ||
The company hired an employee dedicated to monitoring accounts receivable. | ||
Sales revenue decreased. |
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