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Whats the answers Dy 1) The cash ration ofrcompnies Which company has the highest ability to repay its current liabilitiest A) Juan Company C) Freelance

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Dy 1) The cash ration ofrcompnies Which company has the highest ability to repay its current liabilitiest A) Juan Company C) Freelance Company B) Rose Company D) Pioneer Company 18) Which of the following statements is TRUE? A) Notes receivable are always classified as current assets. B) Accounts receivable are more liquid than cash. C) Accounts receivable are liabilities. D) Notes receivable usually have longer collection terms than accounts receivable 19) Which of the following is an example of exercising internal control over receivables? A) allowing credit department employees to collect cash from customers B) combining the duties of the credit and accounting departments C) extending credit to all customers who apply for credit D) separating cash collection and credit approval duties Which of the following is a disadvantage when a business accepts credit cards or debit customers? A) The business checks customers' credit ratings. B) The business bears the risk of nonpayment by the customer C) The business pays a processing fee. D) The business bears the responsibility of collecting cash from the customer

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