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If the cash method of accounting is used rather than the accrual method, which of...

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Question

Accounting

If the cash method of accounting is used rather than the accrual method, which of the following adjustments must be made to Net Income to arrive at after-tax cash flows?

Select one:

A. Change in Accounts Receivable

B. Change in Accounts Payable

C. Change in Expense Liability accounts

D. Depreciation expense

E. None of the above

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