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Business, 27.11.2019 23:31 aliami0306oyaj0n

When the amount of revenue collected in advance decreases during an accounting period: (a) accrual-basis revenues exceed cash collections from customers.(b) accrual-basis net income exceeds cash-basis net income.(c) accrual-basis revenues are less than cash collections from customers.(d) may exceed, equal or be less than cash payments to suppliers.

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