Accounts Receivable Are Also Called Trade Receivables

question 130

True/False

Accounts receivable are also called trade receivables.

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Definitions:

Right-to-Sue Letter

A document issued by a government agency, such as the Equal Employment Opportunity Commission, granting an individual permission to file a lawsuit in court.

Equal Employment Opportunity Commission

A federal agency responsible for enforcing laws that make it illegal to discriminate against a job applicant or an employee because of the person's race, color, religion, sex, national origin, age, disability, or genetic information.

Bona Fide Occupational Qualification

An employment practice that allows for consideration of traits or characteristics that are normally considered discrimination if they are genuinely necessary to the normal operation of a particular business.

Equal Pay Act

A U.S. law aimed at abolishing wage disparity based on sex by ensuring that men and women receive equal pay for equal work.