Multiple Choice
Which of the following is NOT considered a type of receivable in financial accounting?
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7. Receivables and Investments
Types of Receivables
Back7. Receivables and Investments
Types of Receivables
- Multiple ChoiceSelling accounts receivable to obtain short-term funds is called:83views
- Multiple ChoiceWhich of the following is NOT considered a type of receivable in financial accounting?79views
- Multiple ChoiceConsider the relative liquidity of the following assets: accounts receivable, notes receivable, and inventory. Which of these is generally considered the most liquid after cash?74views
- Multiple ChoiceThe effective management of accounts receivable requires financial managers to:72views
- Multiple ChoiceWhich of the following types of receivables is best described as an account that provides a means to hold money with a minimal interest rate?65views
- Multiple ChoiceWhich of the following is a true statement about the use of a promissory note?70views
- Multiple ChoiceWhen a company is owed for sales made to customers on credit, the asset is called:94views
- Multiple ChoiceWhich of the following types of receivables is most directly associated with amounts owed to a company by employees as recorded in a payroll register?59views
- Multiple ChoiceWhich of the following is an example of a note receivable?78views
- Multiple Choice5. When John transfers funds online from his savings account, how should this transaction be classified in terms of receivables on his financial statement?66views
- Multiple ChoiceWhich of the following best describes the Salaries Payable account?87views