Light Takes 4

question 22

Multiple Choice

Light takes 4.3 years to travel from Alpha Centauri (the star closest to the Sun) to the Earth. If a spaceship traveling near the speed of light were to make the same trip, the time to travel this distance as measured by the astronauts would be

• A) longer than the lifespan of a human being.
• B) less than 4.3 years.
• C) 4.3 years.
• D) a little more than 4.3 years.

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Definitions:

Direct Write-off Method

A method of accounting for bad debts where uncollectible accounts are directly written off against income at the time they are deemed non-collectable.

Uncollectible Account

A receivable that a company has not been able to collect from a debtor, leading to its recognition as a bad debt expense on the income statement.

Adjusting Entry

At the conclusion of an accounting cycle, journal entries are documented to distribute earnings and expenditures to the period in which they were genuinely incurred.