A Worksheet Named Income (2)is Most Likely Which of the Following

question 63

Multiple Choice

A worksheet named Income (2) is most likely which of the following?

• A) a deleted worksheet
• B) a worksheet with no calculations
• C) a repositioned worksheet
• D) a copy of another worksheet named Income

---

Definitions:

Dishonored Note

A promissory note that has not been paid by the maker at the time of maturity, resulting in default.

Promissory Note

A financial document in which one party promises in writing to pay a determinate sum of money to another, either at a fixed or determinable future time or on demand.

Interest

The cost of borrowing money, typically expressed as an annual percentage of the principal amount.

Allowance Method

An accounting technique used to account for accounts receivable that a company does not expect to collect fully, thereby creating an allowance for doubtful accounts.