Evaluated Receipts Settlement (ERS) Recognizes the Key Elements of a Purchase

question 92

Multiple Choice

Evaluated Receipts Settlement (ERS) recognizes the key elements of a purchase transaction involving _______.

• A)the nature and quantity of the goods received
• B)the price of the goods received
• C)the payment terms for the goods received
• D)All of these answer choices are correct

---

Definitions:

Arteries

Blood vessels that carry oxygenated blood away from the heart to the body's tissues, except for the pulmonary arteries which carry deoxygenated blood to the lungs.

Deoxygenated Blood

Blood that is rich in carbon dioxide and low in oxygen, typically found in the venous system and right chambers of the heart.

Right Atrium

The upper right chamber of the heart that receives deoxygenated blood from the body and pumps it into the right ventricle.

Vena Cava

A large vein carrying deoxygenated blood into the heart, with two principales types: the superior and the inferior vena cava.