Which of the Following Is a Difference Between Trade and Non-Trade

question 74

Multiple Choice

Which of the following is a difference between trade and non-trade receivables?

• A)Trade receivables are generally recorded using present value techniques versus non-trade receivables, which are generally recorded using market interest rates.
• B)Trade receivables are generally outstanding for long periods of time versus non-trade receivables, which are generally outstanding for short periods of time.
• C)Trade receivables are generally verbal contracts versus non-trade receivables, which are generally written contracts.
• D)Trade receivables are generally verbal contracts versus non-trade receivables, which are generally constructive contracts.

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Definitions:

Classical Conditioning

An instructional approach where repetitively linking two stimuli causes a reaction, at first prompted by the second stimulus, to be elicited by the first stimulus over time.

Imprinting

A form of learning occurring at a particular life stage that is rapid and apparently independent of the outcomes of behavior.

Operant Conditioning

A learning process by which the strength of a behavior is modified by reinforcement or punishment.

Classical Conditioning

The process of acquiring knowledge through the repeated combination of two stimuli, where a response initially caused by the second stimulus is ultimately caused by the first stimulus alone.