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.

---

Definitions:

Independent

In statistics, refers to variables or events that are not influenced or caused by other variables within the scope of a study.

Dependent

A variable in an experiment or study that is expected to change in response to changes in another variable called the independent variable.

Food Poisoning

An illness caused by consuming contaminated food, which is typically infectious or toxic in nature.

Random Phenomenon

An event or process in which all the outcomes occur in unpredictable proportions.