Which statement is true concerning the safe payment and cash distribution plan approaches to liquidation?...
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Accounting
Which statement is true concerning the safe payment and cash distribution plan approaches to liquidation? (Points : 1) Both approaches are used in simple liquidations. The safe payment approach determines how the current available cash is distributed, but not future payments. The safe payment approach is more conservative than the cash distribution plan. D.The safe payment approach uses the right of offset, but the cash distribution plan does not.
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