Which of the Following Statements Is TRUE

question 141

Multiple Choice

Which of the following statements is TRUE?

• A) Accounts receivable are more liquid than cash.
• B) Notes receivable are always due in 30 days.
• C) Notes receivable are longer in term than accounts receivable.
• D) Accounts receivable are liabilities.

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Achievement Test

An exam designed to measure a person's knowledge, skills, or mastery in a specific area or subject.

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