The term "receivables" includes all
A) money claims against other entities
B) merchandise to be collected from individuals or companies
C) cash to be paid to creditors
D) cash to be paid to debtors

Question

Quizplus · Accepted Answer

Receivables are money claims against other entities, which can include accounts receivable (money owed by customers for goods or services) and notes receivable (money owed by individuals or entities that have signed a promissory note). The other options listed are not included in the term "receivables."

The Term "Receivables" Includes All