The Amount of Cash a Department Store Received from Customers

question 123

Multiple Choice

The amount of cash a department store received from customers during a period equals the sales for the period, reduced by the _____ during this period or increased by the _____ during the period.

• A)decrease in accounts payable; increase in accounts payable
• B)increase in accounts payable; decrease in accounts payable
• C)decrease in accounts receivable; increase in accounts receivable
• D)increase in accounts receivable; decrease in accounts receivable
• E)none of the above

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Definitions:

Dispatching Rule

relates to guidelines or criteria used in manufacturing and operations management to prioritize and allocate tasks or resources, optimizing workflow and productivity.

Processing Time

The amount of time required to complete a specific task or operation in the production of goods or delivery of services.

Due

Refers to something scheduled, expected, or required to happen or be paid at a certain time.

Consulting Firm

A professional services organization that provides expert advice to businesses or individuals in a specific field, such as management, finance, or technology.