A Consulting Firm Provided Services Last Month and Billed Its

question 63

Multiple Choice

A consulting firm provided services last month and billed its client.This month,the company received payment from the customer.What impact does this month's transaction have on the firm's working capital?

• A)Increase
• B)Decrease
• C)No net effect
• D)Unable to determine with this limited information.

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Definitions:

Vigorous Writing

Writing that is forceful, energetic, and strong, often characterized by clear, concise language and a compelling message.

Plain English

Writing or speaking in clear, straightforward language devoid of complex vocabulary or jargon, making it easily understandable.

Clichés

Overused expressions or ideas that have lost their originality or impact due to excessive use.

Grammatical Errors

Grammatical errors are mistakes in the use of a language's grammar, such as incorrect verb tenses, misuse of prepositions, and subject-verb agreement errors.