Examlex
Why are forecasts for product families typically more accurate than forecasts for the individual items within a product family?
Allowance Method
An accounting technique that estimates and sets aside a portion of accounts receivable deemed not collectible.
Uncollectible Account
An uncollectible account is a receivable that a company is unable to collect, considered as bad debt or a write-off.
Net Amount
The remaining value after all deductions are made, such as for taxes or discounts.
Receivables
Funds that customers or clients owe to a business for products or services delivered on credit.
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