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Which of the following is a difference between trade and non-trade receivables? OA Trade receivables are generally verbal contracts versus non-trade receivables, which are
Which of the following is a difference between trade and non-trade receivables? OA Trade receivables are generally verbal contracts versus non-trade receivables, which are generally written contracts On Trade receivables are generally outstanding for long periods of time versus non-trade receivables, which are generally outstanding for short periods of time. OC Trade receivables are generally recorded using present value techniques versus non-trade receivables, which are generally recorded using market interest rates OD. Trade receivables are generally verbal contracts versus non-trade receivables, which are generally constructive contracts
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