The Grass Is Greener Corporation Is Owed $11,890 from a Client

question 94

Multiple Choice

The Grass is Greener Corporation is owed $11,890 from a client for landscaping.The account is overdue and the client is having difficulty paying.Why might the Grass is Greener Corporation extend a note receivable to the client?

• A)The loan will decrease the net income of the Grass is Greener Corporation for the current accounting period.
• B)The loan will strengthen the Grass is Greener Corporation's legal right to be repaid with interest.
• C)The loan will reduce the tax liability for the Grass is Greener Corporation.
• D)The loan will eliminate any doubts of collection of the amount due.

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Definitions:

Gender Identity

An individual's personal sense of their own gender, which may or may not correspond to the sex assigned at birth.

Inmates

Individuals confined to an institution such as a prison or hospital.

Biological Sex

The physical differences—chiefly reproductive—that distinguish male and female organisms.

Transgender Inmates

Individuals in prison who identify with a gender different from the one assigned at their birth.