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Why is accounts payable projected

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Reference no: EM132614963

Question 1: Why is accounts payable projected using an assumption based on cost of sales? Select the best answer.

a) It is an accounting rule under IFRS

b) Accounts payable is part of working capital

c) Cost of sales typically has payment terms

d) It is a practice mandated by financial institutions

Reference no: EM132614963

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