Match the Items Below by Entering the Appropriate Code Letter

question 28

Short Answer

Match the items below by entering the appropriate code letter in the space provided.
A. Aging of receivables
B. Direct write-off method
C. Promissory note
D. Trade receivables
E. Cash (net) realizable value
F. Percentage of receivables basis
G. Factoring
H. Dishonored note
I. Average collection period
J. Credit card sales
1. A written promise to pay a specified amount on demand or at a definite time.
2. Sales that involve the customer, the retailer, and the credit card issuer.
3. The net amount a company expects to receive in cash.
4. Amounts owed by customers from the sale of goods and services.
5. A note which is not paid in full at maturity.
6. Analysis of customer account balances by length of time they have been unpaid.
7. Emphasizes expected cash realizable value of accounts receivable.
8. Generally not acceptable for financial reporting purposes.
9. The amount of time that a receivable is outstanding.
10. Sale of accounts receivable to a factor.

---

Definitions:

Right Documentation

Accurate and thorough documentation that is essential in healthcare and other fields to ensure information is correctly recorded and communicated.

Seven Rights

A guideline in the medical field ensuring the correct drug, dose, patient, route, time, reason, and documentation are followed during medication administration.

Prescription

An authorization given by a licensed healthcare professional that allows a patient to be provided with a medicine or treatment.

Narcotic

Substances that change mood or behavior and can potentially lead to dependence or abuse; often used for pain relief.