All of the Following Are Characteristics of Notes Receivable Except

Multiple Choice

All of the following are characteristics of notes receivable except, notes receivable:

A) are usually evidenced by a more formal agreement called a promissory note.
B) generally require the maker to pay interest on the receivable.
C) are generally for a longer period than a regular accounts receivable.
D) are used by most businesses for very large amounts and are therefore almost always shown separately on the financial statements.