The Receivable That Is Usually Evidenced by a Formal Instrument

question 40

Multiple Choice

The receivable that is usually evidenced by a formal instrument of credit is a(n)

• A) trade receivable.
• B) note receivable.
• C) accounts receivable.
• D) income tax receivable.

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Definitions:

Authority

The power or right to give orders, make decisions, and enforce obedience, often associated with a position in a hierarchy.

Me

Refers to oneself; used by a speaker to refer to themselves as the object of a verb or preposition.

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Thomas Theorem

This theorem posits that if people define situations as real, they are real in their consequences.