A Break-Down of Accounts Receivable According to the Length of Time

question 19

Multiple Choice

A break-down of accounts receivable according to the length of time outstanding is known as a(n) :

• A) amortization schedule.
• B) sources of cash flow statement.
• C) receivables inventory.
• D) aging schedule.

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Definitions:

Social Class

A division of a society based on social and economic status.

Postindustrial Society

A society economically dependent upon the production and distribution of services, information, and knowledge.

Agricultural Society

A society that relies on farming and cultivation of the land as the primary source of livelihood and economic activity.

Industrial Society

A society characterized by a reliance on mechanized labor to create goods, leading to urbanization and changes in social structures.