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  3. Study Set
    Contemporary Financial Management Study Set 2
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    Exam 21: The Management of Accounts Receivable and Inventories
  5. Question
    Accounts Receivable Consists of the Credit of the Business
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Accounts Receivable Consists of the Credit of the Business

Question 39

Question 39

Multiple Choice

Accounts receivable consists of the credit of the business. It can take the form of which of the following?
I. Trade credit
II. Consumer credit


A) I only
B) II only
C) Both I and II
D) Neither I nor II

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