Which of the Following Transactions Increases Both Cash and Net

question 115

Multiple Choice

Which of the following transactions increases both cash and net income?

• A)Cash receipts from a bank loan.
• B)Cash receipts from sale of common stock.
• C)Cash receipts from customers for services provided.
• D)Cash receipts from cost of goods sold.

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Definitions:

Alternative Courses

Different paths or strategies that can be pursued to achieve a specific goal or resolve a problem.

Changing Circumstances

Situations that evolve over time, necessitating adjustments in strategy, plans, or behavior.

Forecasting

The process of attempting to predict the future.

Human Judgment

The cognitive process of forming opinions or making decisions based on available information and personal beliefs.