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How is animal research at colleges, universities, and institutes regulated?
Risk
The possibility of experiencing loss or other adverse effects in business or investment.
Allowance Method
An accounting technique to estimate and record bad debts by recognizing a provision for accounts receivable that might not be collected.
Bad Debt Expense
An expense recorded by businesses to reflect irrecoverable amounts owed by customers, considered an unavoidable cost of extending credit.
Uncollectibles
Debts owed to a company that are considered unlikely to be paid and are often written off as bad debt.
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