Managers know that for cash and credit sales completed in one month that all will be recorded

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Managers know that for cash and credit sales completed in one month that all will be recorded as sales revenue in that month, but that the actual cash flow will take place over a longer period of time because of

A. foreclosure

B. transit time

c. erosion

D. credit sales

Related Book For answer-question

Financial Accounting and Reporting a Global Perspective

ISBN: 978-1408076866

4th edition

Authors: Michel Lebas, Herve Stolowy, Yuan Ding

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Posted Date: Jan 06, 2024 01:32 PM

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Managers know that for cash and credit sales completed in one month that all will be recorded

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Financial Accounting and Reporting a Global Perspective

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