Using the Direct Method, Cash Received from Customers Is Calculated

question 120

Multiple Choice

Using the direct method, cash received from customers is calculated as sales:

• A) On account.
• B) On account plus cash sales.
• C) Plus an increase in accounts receivable.
• D) Plus a decrease in accounts receivable.

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Definitions:

Physiological Needs

Fundamental physical requirements for human survival, such as food, water, shelter, and sleep, considered as the base of Maslow's hierarchy of needs.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow in his 1943 paper, detailing a five-tier model of human needs, from basic (physiological) to advanced (self-actualization).

Leadership

The act of guiding or influencing a group towards the achievement of goals, involving vision, inspiration, and direction.

Influencing

Refers to the capacity or power to affect others' views, behavior, or decisions, often used within leadership, marketing, and social interaction contexts to achieve desired outcomes.