Match the Terms with the Definitions

question 48

Multiple Choice

Match the terms with the definitions.
-The interest amount paid divided by the proceeds received on a discounted note. This amount will differ from the stated rate on the face of the note.

• A)accrued interest on notes payable
• B)time
• C)proceeds (note receivable)
• D)principal of the note
• E)notes payable register
• F)credit advice
• G)maturity value
• H)discounting a note receivable
• I)dishonored
• J)effective rate
• K)promissory note
• L)maker

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Definitions:

Powerful Proof Technique

A persuasive approach or method that strongly validates a claim or argument, enhancing its credibility.

Two-Way Communications

Interactive form of communication where information flows in both directions between parties, facilitating feedback and engagement.

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Any visual material used to facilitate communication or understanding, often used in presentations or teaching.

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A document that provides detailed information on a product's features, use, maintenance, and safety instructions.