Revolving Check Credit Is A

question 46

Multiple Choice

Revolving check credit is a:

• A)credit arrangement that has no extra costs.
• B)prearranged loan for a specified amount that you can use by writing a special check.
• C)credit arrangement that has no specific repayment plan.
• D)synonym for installment cash credit.
• E)synonym for single lump-sum credit.

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Definitions:

Depreciation Expense

An accounting method allocating the cost of a tangible asset over its useful life, reflecting the decrease in value of the asset over time due to wear and tear, usage, or obsolescence.

Translated

Converted from one language to another or, in financial terms, adjusted from one currency into another using the current exchange rate.