Collection of Principal on a Note Receivable Is a Cash

question 4

True/False

Collection of principal on a note receivable is a cash flow from financing activities.

---

Definitions:

Seamlessly

Without interruption or difficulty; smoothly integrated or connected.

Telemetry

The collection and wireless transmission of data from remote or inaccessible sources to an IT system for monitoring and analysis.

Mobile Computing

A real‑time connection between a mobile device and other computing environments, such as the Internet or an intranet.

Google Wallet

A digital payment service developed by Google that allows users to store and use various forms of payment.