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:

Contaminated

Made impure or unsuitable by contact or mixture with a harmful substance.

Traditional Technologies

Are established methods and tools that have been historically used in production, manufacturing, or processes without significant modern innovations.

Wildlife Habitat

Natural environments in which wildlife species live, including forests, wetlands, grasslands, and other ecosystems.

Farmland

Land used for the purpose of agricultural activities such as growing crops and rearing animals.