If Accounts Payable Have Increased During a Period

question 132

Multiple Choice

If accounts payable have increased during a period,

• A) revenues on an accrual basis are less than revenues on a cash basis
• B) expenses on an accrual basis are less than expenses on a cash basis
• C) expenses on an accrual basis are the same as expenses on a cash basis
• D) expenses on an accrual basis are greater than expenses on a cash basis

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Definitions:

Triumph

The state of being victorious or successful, often after a struggle or competition.

Mood

A temporary state of mind or feeling that influences an individual's emotional state and perceptions.

Emotion

A complex psychological state involving feelings, physiological changes, and an external expression, often triggered by a thought or experience.

James-Lange Theory

A theory of emotion that suggests emotions arise from physiological reactions to external events before they are mentally processed.