Which of the Following Is Not One of the Ways

question 11

Multiple Choice

Which of the following is not one of the ways in which the asset 'other receivables' could be recognised?

• A) Loan to executive director
• B) Sale of machinery on credit
• C) Rent receivable
• D) Prepaid insurance

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Definitions:

Cookie

A small text file that some websites automatically store on a client computer’s hard drive when a user visits the site.

Botnet

A network of infected computers, called bots, controlled by a malicious actor without the knowledge of the owners, used for cyber attacks or spamming.

Time Bomb

A type of malicious software that remains dormant until a specific time or event triggers it to cause harm.

Hacker Program

Unauthorized software designed to exploit vulnerabilities in computers or networks, often used for malicious purposes.