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    Financial Accounting Tools Study Set 5
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    Exam 8: Reporting and Analyzing Receivables
  5. Question
    The Receivable That Is Usually Evidenced by a Formal Instrument
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The Receivable That Is Usually Evidenced by a Formal Instrument

Question 7

Question 7

Multiple Choice

The receivable that is usually evidenced by a formal instrument of credit is a(n)


A) trade receivable.
B) note receivable.
C) account receivable.
D) income tax receivable.

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