Question: Which of the following will create a timing difference between the recognition of revenue and the receipt of cash? Responses The company takes 4 5
Which of the following will create a timing difference between the recognition of revenue and the receipt of cash?
Responses
The company takes days to pay for inventory purchases
The company takes days to pay for inventory purchases
Customers must pay for all purchases at the time of sale
Customers must pay for all purchases at the time of sale
Customers are given days to pay
Customers are given days to pay
Customers must prepay all orders
Customers must prepay all orders
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