cash collections of accounts receivable will increase ____ and decrease _____

1) accounts payable , accounts receivable

2) accounts receivable, accounts payable

3) cash, accounts receivable

4) cast, accounts payable

when developring cost functions , which of the following is false

1) the cost funtion must be believable

2) the cost function does not have to be reliable

3) personal observations of cost and activities provide the best evidence of a plausible relationship between a cost and its cost driver

4) the cost function should explain past cost behavior