If Accounts Receivable Increases on a Comparative Balance Sheet,this Means

question 16

Multiple Choice

If Accounts Receivable increases on a comparative balance sheet,this means:

• A)collections were more than sales.
• B)credit sales are decreasing.
• C)credit sales are increasing more than collections.
• D)None of these answers is correct.

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Definitions:

Achievement Needs

The desire or motivation of an individual to achieve excellence, accomplish challenging goals, and advance personally or professionally.

Moderately Difficult

Characterized by a level of challenge that is neither too easy nor too hard, requiring a fair amount of effort to overcome.

Personal Responsibility

The concept emphasizing an individual's obligation to manage their own actions, decisions, and well-being in various aspects of life.

Equity Theory

A theory in social psychology that explains how individuals perceive fairness in the distribution of resources within their interpersonal relationships.