Post Utme Bowen University 2023 Commerce Question 36

Practice objective / multiple choice question 36 from the 2023 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2023 Commerce Objective / Multiple Choice
Question 36 POST_UTME_BOWEN_UNIVERSITY • 2023 • COMMERCE • objective

A company's financial statements show a decrease in accounts payable and an increase in accounts receivable. What is the likely effect on its cash flow?

Answer Options

A. Cash flow will decrease
Correct Answer B. Cash flow will increase
C. Cash flow will remain the same
D. Cash flow will be unaffected
Correct Answer
B
Correct Option:
Cash flow will increase

About This Question

This is Post Utme Bowen University 2023 Commerce Question 36. It is one of the objective questions from the 2023 Post Utme Bowen University Commerce examination.

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