The Account Title Used for Recording a Written Promise That

question 20

Multiple Choice

The account title used for recording a written promise that a customer will pay the business a fixed amount of money and interest by a certain date in the future is ________.

• A) Prepaid Note
• B) Notes Payable
• C) Notes Receivable
• D) Accounts Receivable

---

Definitions:

Obsessive-compulsive

Relating to a disorder characterized by recurring, intrusive thoughts (obsessions) and repetitive behaviors or mental acts that an individual feels driven to perform (compulsions).

Antisocial Personality

A type of chronic mental disorder where a person's way of thinking, perceiving situations, and relating to others is dysfunctional and destructive.

Psychopaths

Individuals with a personality disorder characterized by persistent antisocial behavior, impaired empathy and remorse, and bold, disinhibited, and egotistical traits.

Sociopaths

Individuals with a personality disorder characterized by persistent antisocial behavior, impaired empathy, and often a lack of remorse.