How Does an Account Receivable Differ from a Note Receivable

question 5

Multiple Choice

How does an account receivable differ from a note receivable?

• A)A note receivable is an asset while an account receivable is not.
• B)An account receivable is a written pledge while a note receivable is not.
• C)An account receivable is always an amount due from the company's customers while a note receivable is always an amount due from a bank.
• D)Notes receivable are written pledges while Accounts Receivable are not.

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Definitions:

Temporary

Describes data, files, or elements that are intended to exist or be used for a short period of time and then deleted or disposed of.

Query Design View

Interface in databases that allows users to create queries visually by selecting tables, fields, and criteria.

Query Results

The output produced after executing a query in a database management system, showing the data that matches the query criteria.

Query Design View

A graphical interface in database applications that enables users to create or modify queries through a visual representation of tables, fields, and joins.