Notes Receivable Are

question 83

Multiple Choice

Notes receivable are:

• A)more formal contracts than accounts receivable.
• B)are due on the maturity date.
• C)may require the borrower to pledge security for the loan.
• D)all of the above.

---

Definitions:

Conflict of Interest

A situation in which an individual's personal interest might interfere with their professional obligations or duties.

Preconventional Behavior

A stage in moral development where an individual's ethical principles are guided mainly by external consequences and rewards.

Conflict of Interest

A situation in which a person's personal interests could potentially influence their professional judgment or actions.

Ethical Principles

The fundamental guidelines for moral conduct that inform ethical decisions and actions, embracing values such as fairness, responsibility, and respect for others.