Articles Written for the Public or the Lay Person in Simple

question 29

Multiple Choice

Articles written for the public or the lay person in simple language.

• A) appendix
• B) journal
• C) document
• D) research

---

Definitions:

Credit Sales

Credit Sales are transactions where the goods or services are provided to the customer with the agreement that payment will be made at a future date.

Effect on Profit

The impact that specific actions or events have on the net income of a company.

Trade Receivables

Amounts owed to a business by its customers following the sale of goods or services on credit.