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| Current Year | Prior Year |
|------------------|----------------|
| Cash-flow-based accruals ratio: | –1% | –3% |
| Balance-sheet-based accruals ratio: | 1% | 3% |
Which of the above ratios shows an improvement?
A
Cash-flow-based accruals ratio only
B
Balance-sheet-based accruals ratio only
C
Both cash-flow-based accruals and balance-sheet-based accruals ratios