Which of the Following Would Be Classified as an Accounts

question 52

Multiple Choice

Which of the following would be classified as an accounts receivable?

• A)Dividends owing to the company on an investment.
• B)A loan to an employee.
• C)Amounts due from customers.
• D)Amounts due from the tax department.

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Definitions:

Multiple Distribution Channels

refers to the use of more than one method or pathway to distribute products or services to customers.

General Merchandise Stores

Retail establishments that sell a wide variety of goods across different categories, including clothing, household items, and groceries.

Wide Range

A broad variety of options or products available in a specific category, offering extensive selection to consumers.

Scrambled Merchandising

A retailing practice where stores carry a wide variety of product lines, often unrelated, to attract a broader customer base.