A Breakdown of Teffan, Inc -Accounts Receivable Over 90 Days Total___________
A) $200,000
B)

question 271

Multiple Choice

A breakdown of Teffan, Inc.'s outstanding accounts receivable dated June 30, 2003 follows, on the basis of the month in which the credit sale was initially made. The firm extends 30-day credit terms.
$\begin{array}{lr}\text { Month of }&\text { Accounts }\\\text { Credit Sale }&\text { Receivable }\\\hline\text { June, 2003 } & \$ 410,000 \\\text { May, 2003 } & 340,000 \\\text { April, 2003 } & 270,000 \\\text { March, 2003 } & 200,000 \\\text { February, 2003 or before } & 100,000\\\text { Total }&\$1,320,000\end{array}$
-Accounts receivable over 90 days total___________

• A) $200,000
• B) $100,000
• C) $470,000
• D) $300,000

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Definitions:

Sensory Register

The initial stage of memory, where sensory information is stored for a very brief period.

Sensory Register

The component of memory where sensory information is stored for a very short period of time.

Short-Term Memory

The capacity for holding a small amount of information in an active, readily available state for a short period of time.

Working Memory

A cognitive system with a limited capacity that is responsible for temporarily holding information available for processing.