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Which one of the following is NOT a factor driving the use of telecommuting?
Interest Income
Income earned from the lending of funds or through investment in interest-bearing financial instruments.
Accrued Interest Receivable
Interest that has been earned but not yet received in cash, representing an asset on the balance sheet.
Notes Receivable-Perez
A note receivable account representing money owed to the entity by Perez, typically documented through a formal promissory note.
Collateralized
Secured by an asset pledged as security for repayment of a loan, protecting the lender by providing a source of recovery in case of default.
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