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Discount Allowed Is A

Question 56

Multiple Choice

Discount allowed is a:


A) cash item that is included as an outflow in the statement of cash flows.
B) cash item that is adjusted in a note attached to the statement of cash flows.
C) non-cash items that is deducted from accrual based revenue and thus not included in the statement of cash flows.
D) cash item that is included as an inflow in the statement of cash flows.

Correct Answer:

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