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  3. Study Set
    Contemporary Financial Management
  4. Exam
    Exam 18: Management of Accounts Receivable and Inventories
  5. Question
    Accounts Receivable Consist of the Credit of the Business
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Accounts Receivable Consist of the Credit of the Business

Question 57

Question 57

Multiple Choice

Accounts receivable consist 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

Correct Answer:

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