Which of the Following Is Correct for a Firm That

question 65

Multiple Choice

Which of the following is correct for a firm that reduces its accounts receivable balance from the previous quarter?

• A)collections exceeded beginning receivables balance
• B)sales exceeded collections
• C)beginning receivables balance exceeded sales
• D)collections exceeded sales

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Definitions:

Oral Presentation

A verbal report or lecture delivered to an audience, often supported by visual aids, on a specific topic or subject.

Swaying

Moving or causing to move slowly or rhythmically backward and forward or from side to side.

Oral Communication

The process of expressing information or ideas by word of mouth.

Personal Pronouns

Words used to substitute for specific names of people or things, such as 'he,' 'she,' 'they,' and 'it.'