Examlex
Which of the following is an important capability for sales processes that is found in most major CRM software products?
Note Receivable
An asset account representing amounts owed to a company by customers or others who have signed promissory notes in favor of the company.
Interest Income
Revenue earned by lending funds or through investment securities that pay interest.
Accrued Interest
Interest that has accumulated over a period but has not yet been paid or received.
Note Payable
A financial obligation represented by a written promise to pay a specified amount of money, plus interest, by a certain date or on demand.
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