Posted by: Pdfprep
Post Date: May 20, 2021
Which of the following would result in an increase in the cash balance for the period?
(a) A reduction in inventory
(b) A reduction in receivables
(c) A reduction in payables
(d) A gain on disposal of non-current assets
A . (a) and (b) only
B . (b) and (c) only
C . (c) and (d) only
D . (a), (b) and (c) only
Answer: A
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