COGNITIVE ASSESSMENT Which of the Following Technologies Is Your New

question 130

Multiple Choice

COGNITIVE ASSESSMENT Which of the following technologies is your new mobile phone payment device most likely to use?

• A) Token ring
• B) Bluetooth
• C) WiMax
• D) NFC

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Definitions:

Notes Receivable

Financial assets representing written promises for future receipt of cash.

Accounts Payable

A liability account that tracks money owed by a business to suppliers or creditors for goods and services purchased on credit.

Notes Payable

A financial liability on a company's balance sheet representing promissory notes that require future payments of principal and possibly interest.

Maturity Value

The amount due to the owner of a financial instrument at its maturity date, including principal and interest.