Credit Sales to Customers Are

question 20

Multiple Choice

Credit sales to customers are:

• A)Recorded using the Enter Bills window
• B)Recorded in a Credit Card Sales window
• C)Recorded using the Create Sales Receipts window
• D)Recorded using a Create Invoices window

---

Definitions:

Future Net Cash Flows

The estimated total cash income minus the total cash expenses expected over a future period.

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Payback Period

The amount of time it takes for an investment to generate enough returns to recover the original investment cost.

Discounted Cash Flow

A valuation method used to estimate the value of an investment based on its expected future cash flows, adjusted for the time value of money.