The Major Risk Associated with Receivables Is Related to Which

question 46

Multiple Choice

The major risk associated with receivables is related to which of the following?

• A)They may be sold to a bank with recourse.
• B)They may be recorded as long-term when in fact they will be realized in the current period.
• C)They will not be realized for the entire amount due.
• D)They are pledged as collateral as disclosed in the footnotes to financial statements.

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Definitions:

Back to Abdomen

A position or orientation; often refers to the position of a fetus during pregnancy where the baby's backbone is aligned towards the mother's abdomen.

Bang Objects

Striking items forcefully against another surface to create a loud noise or to fixate them in place.

Busy Box

A variety of engaging activities or sensory toys assembled in a box, used to keep young children or patients with dementia busy and stimulated.

Electronic Games

Games that are played using electronic devices with visual and auditory feedback.