ACC205 Week 2 – Videos & Quiz: Chapter 4
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Question 1
1 / 1 pts
Postage stamps would be considered a cash equivalent.
True
False
Question 2
1 / 1 pts
A note receivable due in 16 months would be considered a cash equivalent.
True
False
Question 3
1 / 1 pts
A good cash control is to take cash register receipts and hide them in the back room until later in the week when a bank deposit can be made.
True
False
Question 4
1 / 1 pts
An accounts receivable is an amount due from a customer.
True
False
Question 5
1 / 1 pts
A note receivable and an account receivable are the same thing, just with a different name.
True
False
Quiz Score: 5 out of 5
ACC205 Week 2 – Videos & Quiz: Chapter 4 Answer
