Jim Debt Was Reviewing the Total Accounts Receivable

question 91

Multiple Choice

Jim Debt was reviewing the total accounts receivable. This month he received $80,000 from credit customers. This represented 40% of all receivables due. The total amount of accounts receivable due is:

• A)$200,000.
• B)$320,000.
• C)$500,000.
• D)$230,000.
• E)None of these.

---

Definitions:

Legally Liable

The state of being legally responsible for something, especially in terms of debts or legal obligations.

Human Resources Management Systems

Integrated systems designed to help organizations manage and optimize their human resources processes, from recruiting and hiring to performance management.

HR Professionals

Individuals specializing in managing and advising on recruitment, employment law, compensation, employee relations, and organizational development within a company or organization.

Predominant Use

The primary application or most frequent usage of an object, concept, or process within a particular context or environment.