The Maximum Dollar Amount That a Customer Is Allowed to Carry

question 64

Multiple Choice

The maximum dollar amount that a customer is allowed to carry as an accounts receivable balance:

• A)Maximum Limit
• B)Credit Balance
• C)Maximum Balance
• D)Credit Limit

---

Definitions:

Proposition 13

An amendment to the California Constitution passed in 1978, which limited the tax rate for real estate.

Sagebrush Rebellion

A movement starting in the 1970s among Western states in the U.S. opposing federal control of large amounts of state land and advocating for increased local control.

Jimmy Carter

Jimmy Carter was the 39th President of the United States (1977-1981) known for his commitment to human rights, the Camp David Accords, and the later years of the Cold War.

Outsider

An individual who is not part of a specific group or community, often viewed as different or alienated from mainstream society.