All of the Following Should Be Included in a Telephone

question 33

Multiple Choice

All of the following should be included in a telephone log except

• A) date and time the call was placed
• B) unsuccessful attempts to contact the person
• C) key points you and the other speaker made
• D) your evaluation of how sincere the other speaker was during the phone call

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Definitions:

Note Receivable

A note receivable is an amount of money owed to a business or individual that is evidenced by a written promissory note specifying the terms of payment.

Interest Due

Interest due refers to the amount of interest payment that is owed but not yet paid by a borrower to a lender by the due date.

Dishonoring a Note

The failure to pay a promissory note when due, which can result in legal action and damage to the borrower's creditworthiness.

Promissory Note

A finance-related instrument embodying a guarantee by one party to pay a certain party a designated sum of money, redeemable upon demand or on a specific forthcoming date.