The classical dichotomy is the separation of real and nominal variables. The following questions test your understanding of this distinction. Crystal spends all of her money on comic books and donuts. In 2013, she earned $27.00 per hour, the price of a comic book was $9.00, and the price of a donut was $3.00. Which of the following give the nominal value of a variable? a. Susan's wage is 3 comic books per hour in 2009.
b. The price of a mandarin is 0.33 comic books in 2009.
c. The price of a mandarin is $3.00 in 2009.

Match the terms with their correct definition. terms: 1. accounts receivable 2. other receivables 3 debtor 4. notes receivable 5. maturity date 6. creditor definitions: a. the party to a credit transaction who takes on an obligation/payable. b. the party who receives a receivable and will collect cash in the future. c. a written promise to pay a specified amount of money at a particular future date. d. the date when the note receivable is due. e. a miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future. f. the right to receive cash in the future from customers for goods sold or for services performed.