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Why is accounts payable projected using an assumption based on cost of sales? a.It is an accounting rule under IFRS b.Accounts payable is part of

Why is accounts payable projected using an assumption based on cost of sales?

a.It is an accounting rule under IFRS

b.Accounts payable is part of working capital

c.It is a practice mandated by financial institutions

d. Cost of sales typically has payment terms

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