Notes Receivable ________

question 188

Multiple Choice

Notes receivable ________.

• A) represent an oral promise to pay a fixed amount of principal plus interest on the maturity date
• B) are included in a miscellaneous category called other receivables
• C) due within 12 months or within the normal operating cycle if the cycle is longer than a year are considered long-term assets
• D) are supported by a promissory note

---

Definitions:

Surfactant

A fatty molecule on the respiratory membranes.

Alveoli

Tiny air sacs in the lungs where the exchange of oxygen and carbon dioxide takes place.

Hyaline Membrane

A thickened, protein-rich film lining the alveoli (air sacs) in the lungs, often seen in respiratory distress syndrome.

Respiratory Membrane

A thin barrier in the lungs where gas exchange occurs, allowing oxygen to enter the bloodstream and carbon dioxide to be expelled.