You are the practice manager for a busy dental office. The drunken accountant stumbles in...
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Accounting
You are the practice manager for a busy dental office. The drunken accountant stumbles in and tells you, "accounts receivable are up!" Assuming that this statement is true, possible explanations include
cash collections are down, all else being equal
cash collections are up, all else being equal
the practice has extended more credit to clients, all else being equal
Both A and C are correct
A, B and C are correct choices
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