Laws Passed by County Governments in California Are Called

question 27

Multiple Choice

Laws passed by county governments in California are called

• A) ordinances.
• B) statutes.
• C) executive fiats.
• D) county strictures.

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Definitions:

Receivables Period

The amount of time it takes for a company to collect payments owed by its customers after a sale has been made.

Selling Price

The amount of money charged for a product or service, or the sum obtained from the sale of an asset.

Receivables

Money owed to a company by customers for goods or services that have been delivered or used but not yet paid for.

Ending Cash Balance

The amount of cash a company has available at the end of a financial period.