In Florida,thunder and Lightning Are Common During the Summer

question 50

Multiple Choice

In Florida,thunder and lightning are common during the summer.The legal assistants in a law firm have complained that their machines reboot in the middle of working on legal briefs during storms.What power device would be best for preventing data loss for this company?

• A)UPS
• B)Surge protector
• C)Line conditioner
• D)Auto save feature on the application

---

Definitions:

Allowance for Doubtful Accounts

An accounting method used to estimate the portion of a company's receivables that may not be collected, reducing the accounts receivable balance accordingly.

Uncollectible Accounts

Uncollectible accounts are receivables that a company deems uncollectable and likely will not be recovered, often written off as a bad debt expense.

Percent of Sales Method

A financial forecasting approach in which accounts are projected to increase as a percentage of the projected sales level.

Unadjusted Trial Balance

A list of all the accounts and their balances in a company's ledger before any adjusting entries are made for accounting purposes.