For a Note Receivable That Was Created on November 1,2018

question 225

Multiple Choice

For a note receivable that was created on November 1,2018 and is due for repayment on October 31,2019,what is the time fraction needed to compute interest revenue for the year ended December 31,2018?

• A)2/12
• B)2/10
• C)12/12
• D)22/12

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Definitions:

Monounsaturated Fats

A type of healthy fat found in various oils and nuts that can help to lower bad cholesterol levels.

Cholesterol

A waxy, fat-like substance found in all cells of the body, necessary for making hormones, vitamin D, and substances that help digest foods.

Dysphagia

Difficulty or discomfort in swallowing, as a symptom of disease.

Nursing Assistant Personnel (NAP)

Healthcare workers who assist patients with daily activities, under the supervision of nursing and medical staff, in various settings like hospitals and nursing homes.