When a Specific Payee Is Named in an Instrument,this Is

question 75

Multiple Choice

When a specific payee is named in an instrument,this is known as a(n) ________ instrument.

• A)demand
• B)order
• C)conditional
• D)bearer
• E)qualified

Learn how to calculate the accounts receivable period.

Understand how inventory management and turnover rates impact the operating cycle.

Determine the impact of changes in inventory, receivables, and payables periods on the operating and cash cycles.

Compute the accounts payable period and its significance in liquidity management.

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Definitions:

Hunger

Hunger refers to the physical sensation or condition that arises from the need for food, driving individuals to seek and consume sustenance.

Positive Emotions

Feelings or emotions that inspire well-being, happiness, and satisfaction, contributing to positive mental health and overall life satisfaction.

Tolerate Pain

The ability to endure discomfort or suffering without allowing it to overtly affect one's performance or wellbeing.

Technological Advances

The forward progression in technology leading to the development of new tools, systems, or methods that improve efficiency or effectiveness.