The Net Amount Expected to Be Received in Cash from Receivables

question 4

Multiple Choice

The net amount expected to be received in cash from receivables is termed the

• A)net realizable value.
• B)fair value.
• C)gross cash value.
• D)cash-equivalent value.

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Definitions:

Resource Allocation

The process of assigning available resources in the most efficient way to meet the objectives of an organization or economy.

Resource Markets

Markets where resources (such as labor, capital, and raw materials) that are used to produce goods and services are bought and sold.

Wage Rates

This is the standardized amount of compensation given to employees for their services in a given period, typically expressed per hour or year.

Computer Programmers

Professionals responsible for writing, testing, and maintaining the code that enables software applications to function.