A: shortening the credit terms
B: lengthening the credit terms
C: right of return privilege
D: lengthening the outstanding period
E: all of the answers bear on the quality of receivables
举一反三
- Which of the following does not bear on the quality of receivables? A: shortening the credit terms B: lengthening the credit terms C: right of return privilege D: all of the answers bear on the quality of receivables
- Which of the following does not bear on the quality of receivables?
- If days' sales in receivables are materially longer than the credit terms, this indicates a collection problem. A: 正确 B: 错误
- Which of the following is unacceptable in terms of sharing credit?
- Which TWO of the following are credit entries in the receivables ledger control account? A: Cash paid to credit suppliers B: Discounts received C: Irrecoverable debts D: Sales returns from credit customers
内容
- 0
Which of the following would not be found on the credit side of the receivables control account? A: Irrecoverable debts B: Sales C: Cash received D: Returns
- 1
A business must write off an irrecoverable debt of $3,000.What is the journal entry to record this in the nominal ledger? A: Debit Trade receivables $3 ,000; Credit Sales $3,000 B: Debit Sales $3,000; Credit Trade receivables $3 ,000 C: Debit Irrecoverable debt expense $3,000; Credit Trade receivables $3,000 D: Debit Trade receivables $3,000; Credit Sales $3,000
- 2
Which of the following items will not appear in a receivables control account? A: Discount allowed. B: Bad debts written off. C: Increases in the allowance for debtors. D: Allowance to credit customers.
- 3
All the terms starting with a "C" require the seller to bear the main costs of carriage and risk during the transport.
- 4
Which of the following payment terms are usually accepted for duty-free sale on board? A: traveler’s check B: cash C: cheque D: credit card