单选题 What is the impact on accounts receivable if sales exceed cash collections and what is the impact on accounts payable if cash paid to suppliers exceeds purchases?
Accounts receivable Accounts payable
①A. Increase Decrease
②B. Increase Increase
③C. Decrease Decrease

A. ①
B. ②
C.③

【正确答案】 A

【答案解析】If a firm sells more than it collects, accounts receivable will increase. If a firm pays suppliers more than it purchases, accounts payable will decrease.