Cash collected on accounts receivable would produce what effect on the balance sheet?
A) Increase assets and decrease assets
B) Decrease assets and decrease liabilities
C) Decrease liabilities and increase equity
D) Increase liabilities and decrease equity
Ans: A) Increase assets and decrease assets
Business
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A) nonmonetary perks. B) employee benefits. C) base pay. D) total compensation.
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Non-financial performance measures (NFPMs) are better than financial measures in that NFPMs
a. provide a better indication of customer satisfaction. b. may better predict the direction of future cash flows. c. directly measure how well an organization does those things that create shareholder value. d. all of the above
Business