What do you call for the likelihood of loss due to customers are not paying their...

 

  
 

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What do you call for the likelihood of loss due to customers are not paying their amounts owing? a. Discount risk O b. Payment risk O c. Loss risk d. Credit risk 28 are the entity's present obligations arising from past events, the settlement of which is expected to result in an outflow of resources from the entity. ut of a. Income b. Assets O c. Expenses O d. Liabilities 29 Which of the following is an incentive offered by sellers to customers to purchase larger quantities, as a benefit of being a preferred customer? put of a. Sales commission b. Sales allowance c. Trade discount O d. Cash discount The list price of an air conditioner is OMR 250. If manufacturer sells this product to a retailer for list price less 15% discount, what will be the amount of account receivable to be recorded by the manufacturer? put of a. OMR 37.50 b. OMR 287.50 O c. OMR 250 O d. OMR 212.50 30 What do you call for the likelihood of loss due to customers are not paying their amounts owing? a. Discount risk O b. Payment risk O c. Loss risk d. Credit risk 28 are the entity's present obligations arising from past events, the settlement of which is expected to result in an outflow of resources from the entity. ut of a. Income b. Assets O c. Expenses O d. Liabilities 29 Which of the following is an incentive offered by sellers to customers to purchase larger quantities, as a benefit of being a preferred customer? put of a. Sales commission b. Sales allowance c. Trade discount O d. Cash discount The list price of an air conditioner is OMR 250. If manufacturer sells this product to a retailer for list price less 15% discount, what will be the amount of account receivable to be recorded by the manufacturer? put of a. OMR 37.50 b. OMR 287.50 O c. OMR 250 O d. OMR 212.50 30

Answer rating: 100% (QA)

ANSWERS 1 Credit risk 2 Liabilities 3 Trade ... View the full answer