Companies Record and Report Long-Term Notes Receivable at the Present

question 167

True/False

Companies record and report long-term notes receivable at the present value of the cash they expect to collect.

---

Definitions:

USB Ports

Universal Serial Bus ports, used for connecting various devices to a computer such as keyboards, mouse devices, printers, and external hard drives.

USB

Abbreviation for Universal Serial Bus, a standard technology for connecting peripherals to a computer, enabling communication and power supply.

Ethernet

A group of computer networking technologies frequently utilized in local area networks (LAN), metropolitan area networks (MAN), and wide area networks (WAN).

DVI

A video interface technology designed to maximize the visual quality of digital display devices such as monitors and projectors.