An accepted time draft is quite similar to:
A) A cheque dated in the future
B) A conditional sale
C) Selling on open account
D) An overdue account
Ans: A) A cheque dated in the future
Business
You might also like to view...
Which of the following was the outcome of the Treaty of Lisbon signed in 2007?
a) it established the European Community b) it changed the name of the European Community to the European Union c) it resulted in the adoption of the euro d) it increased the power of the European parliament
Business
What is the term given to the amount of their own money owners have invested in the firm?
A. Debt B. Assets C. Liabilities D. Equity
Business