Which of the Following Is a Characteristic of Trade Credit

question 25

Multiple Choice

Which of the following is a characteristic of trade credit?

• A)It is a form of permanent (long- term)financing.
• B)All of the above
• C)It appears on the balance sheet as accounts payable.
• D)Credit is arranged by buying goods from the company's suppliers.

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Definitions:

Imaginative Companions

Fictional characters or entities created in the mind, often by children, for companionship or entertainment.

Continuous Performance Test

A psychological task designed to measure a person's sustained and selective attention and impulsivity.

Cognitive Functioning

Mental processes that involve thinking, reasoning, problem-solving, and processing information.

Hereditary Component

The genetic aspect of a trait or condition, indicating its potential transmission from parents to offspring.