A Promissory Note Received from a Customer in Exchange for an Account

question 108

Multiple Choice

A promissory note received from a customer in exchange for an account receivable is recorded by the payee as:

• A)A cash equivalent.
• B)An account receivable.
• C)A note receivable.
• D)A short-term investment.
• E)A note payable.

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Definitions:

Direct Contact

A mode of disease transmission where infectious agents are transmitted through immediate physical touch or contact with an infected individual.

Prevention of Infection Transmission

Strategies and practices implemented to stop the spread of infectious diseases from one person to another or across environments.

OSHA

The Occupational Safety and Health Administration, a U.S. agency responsible for ensuring safe and healthy working conditions.

CDC

Centers for Disease Control and Prevention, a national public health institute in the United States focused on protecting public health and safety through the control and prevention of disease, injury, and disability.