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Which of the following is a difference between trade and non-trade receivables? Question content area bottom Part 1 A. Trade receivables are generally verbal contracts

Which of the following is a difference between trade and non-trade receivables?

Question content area bottom

Part 1

A.

Trade receivables are generally verbal contracts versus non-trade receivables, which are generally constructive contracts.

B.

Trade receivables are generally recorded using present value techniques versus non-trade receivables, which are generally recorded using market interest rates.

C.

Trade receivables are generally outstanding for long periods of time versus non-trade receivables, which are generally outstanding for short periods of time.

D.

Trade receivables are generally verbal contracts versus non-trade receivables, which are generally written contracts.

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