Accounts Receivable Would Appear on The

question 70

Multiple Choice

Accounts receivable would appear on the:

• A)Balance Sheet with the current liabilities.
• B)Balance Sheet with the current assets.
• C)Income Statement with the revenues.
• D)Statement of Retained Earnings with the net income.

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Definitions:

Operational Plans

Very short-term plans that specify what actions individuals, work groups, or departments need to accomplish in order to achieve the tactical plan and ultimately the strategic plan.