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:

Tracking App

Software designed to monitor and record activity for various purposes such as fitness, health, or logistical tracking.

Open Source

Software whose source code is freely available for modification, distribution, or both, encouraging collaborative development.

Code Repository

A storage location for software source code, allowing for version control and collaboration among developers.

Development Environment

A set of processes and programming tools used for developing applications and software.