Receivables010523

PPD is also called?

SIP stands for?

How many days is counted to formulate a due date for SOLO Ride models?

Which of the following businesses is owned by Sir Pablo Chu?

• UFCI

• INFINITY

• SMDI

• All of the above

Is a document that shows the transaction and payment history of each customer to whom the business extends credit.

• Cashier Log

• Cash Collection Receipt

• Subsidiary Ledger Card

• Aging of Accounts

30 days price is derived using what formula?

• MA x Term

• LCP - Down

• COD x I.R.

• LCP - COD / 3

If a customer pays his/her Monthly amortization in advance, What is the classification of the customer?

• Special

• New Accounts

• Current

If a customer pays on time but his payment is lesser than his monthly amortization even with rebate, What is the classification of the customer?

• Current

• Deposited

• Special

• Overdue

Receivables that are past due 91 days and up is subject to?

• Deposit

• ETL

• Fully Paid

The formula for PAYSUM is?

• BB - OB

• MA x TERM - DP

• I.R. x MA

• BB - OB - Rebate