As sales increase which of the following is a source of


1. As sales increase which of the following is a source of funds?

a decrease in accounts payable

the portion of profit added to retained earnings

an increase in accounts receivable

a decrease in long-term debt

2. A budget based on different workload levels

performance budgeting.

centralized budgeting.

flexible budgeting.

zero-base budgeting.

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Financial Management: As sales increase which of the following is a source of
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