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The Accounts Receivable Period Is the Time That Elapses Between

Question 28

Multiple Choice

The accounts receivable period is the time that elapses between the _____ and the _____.


A) sale of inventory;payment to supplier
B) sale of inventory;billing to customer
C) sale of inventory;collection of the receivable
D) purchase of inventory;payment to the supplier
E) purchase of inventory;collection of the receivable

Correct Answer:

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