Which of the Following Transactions Will Result in an Increase

question 105

Multiple Choice

Which of the following transactions will result in an increase in operating income as of the date of the transaction?

• A) The sale of plant and equipment at a gain.
• B) Collection of cash from a customer for services to be provided at a later date.
• C)Providing a service to a customer on account.
• D)The receipt of cash dividends from an investment.

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Definitions:

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