The primary difference between a note receivable and an account receivable is:
A. A note receivable cannot be classified as a current asset.
B. An account receivable is more likely to be collected.
C. A note receivable is evidenced by a written debt instrument.
D. Borrowers have the option of not paying a note receivable.
Answer: C
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A. starts at the end of the project B. moves toward the last node in the project C. ends at the middle node in the project D. starts at the beginning of the project
When surveyed, the majority of employees give their organizations high marks on which one of the following?
A. Credibility D. Downward communication B. Manageability E. Upward communication C. Use of the grapevine
Assets held in joint tenancy with the right of survivorship will escape estate taxes
Indicate whether the statement is true or false.
A graph of a firm's acceptable capital projects ranked in the order of the projects' internal rates of return is called the firm's _____.?
A. ?marginal cost of capital schedule B. ?investment opportunity schedule C. ?modified internal rate of return schedule D. ?internal project classification schedule E. ?optimal capital budget schedule