16. As the credit officer of your company, today you are compiling a spreadsheet with column headings of: Invoice number; Customer number; < 30days; 31-60days; 61-90days; > 90days. You will list every unpaid invoice with the amount owed entered into the appropriate column based on the number of days between the sale date and today. Once you have completed that, you will sort the report by customer number and total the amounts listed in each column. What is this report called?

a. Risk assessment report

b. Credit report

c. Aging schedule

d. Receivables consolidation report

29. One of the following is NOT a consequence of bankruptcy order.

a. A statement of the assets and liabilities is drawn up.

b. The receiver summons a meeting of creditors of the individual after the bankruptcy order.

c. The official receiver does not take control of assets

d. The creditors of the individual appoint a trustee in bankruptcy

34. A pricing device that bears no relationship to the time of payment is referred to as _________.

a. Cash discount

b. Anticipation

c. Trade discount

d. Credit period