Which of the Following Accounts Is Not a Contra-Revenue Account

question 45

Multiple Choice

Which of the following accounts is not a contra-revenue account?

• A)Sales discounts
• B)Credit card discounts
• C)Sales returns and allowances
• D)Allowance for doubtful accounts

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Definitions:

Measurement Error

Nonsampling error that results from the incorrect measurement of the population characteristic of interest.

Big Data

Refers to extremely large data sets that may be analyzed computationally to reveal patterns, trends, and associations, especially relating to human behavior and interactions.

Veracity

The reliability of the data generated.

Wide Data

A data set that has so many variables that simultaneous consideration of all variables is infeasible.