Receivables of a Company CANNOT Be Long-Term Assets

question 159

True/False

Receivables of a company CANNOT be long-term assets.

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Definitions:

Counta Function

A feature in spreadsheet applications that tallies the quantity of non-empty cells within a specified range.

Min Function

A programming function that determines the smallest value among its arguments or elements in a data set.

Status Bar

A user interface element typically found at the bottom of an application window, displaying information about the current state of the application or selected objects within it.

Name Box

A feature typically found in spreadsheet applications, such as Microsoft Excel, that displays the address or name of the current selection or allows users to define names for cells, ranges, or formulas.