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Which of the following statements about the quality of earnings ratio is true? Multiple Choice Failure to accrue appropriate expenses will inflate net earnings and

Which of the following statements about the quality of earnings ratio is true? Multiple Choice Failure to accrue appropriate expenses will inflate net earnings and increase the quality of earnings ratio. Seasonal variations in sales have no impact on the quality of earnings ratio. When sales are growing, receivables and inventory normally increase faster than payables so the ratio increases. Failure to accrue appropriate expenses will inflate net earnings and reduce the quality of earnings ratio

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