T Co.'s reported a deduction from profit of ($2,781)in thousands for the change in trade receivables on their 2012 cash flow statement.This was caused by an increase in trade receivable from 2011 to 2012.

Question

Quizplus · Accepted Answer

The deduction from profit ($2,781) due to the change in trade receivables indicates an increase in trade receivables from 2011 to 2012, which is consistent with the statement in the question. Therefore, the answer is true (A).

T Co's Reported a Deduction from Profit of ($2,781)in Thousands for for the Change