The Moon's Sidereal Period Is 2

question 12

Multiple Choice

The Moon's sidereal period is 2.2 days shorter than the period during which the Moon's phases change because

• A) the Moon always keeps the same side turned toward Earth.
• B) Earth must rotate so an observer can see the Moon.
• C) the Moon's orbit is tilted with respect to Earth's rotational axis.
• D) Earth moves significantly in its orbit around the Sun during that time.
• E) the Moon's orbital speed varies.

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Definitions:

Direct Write-off

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

Bad Debts Recovered

When an account receivable has been written off and is recovered, this account, which is in the Other Revenue category, is credited in the direct write-off method if the recovery is in a year following the write-off.

Allowance for Doubtful Accounts

A contra asset account that estimates the portion of receivables that may not be collectible, affecting a company’s net income and assets.

Bad Debts Expense

An expense reported on the income statement, representing the estimated irrecoverable amounts from customers who can no longer pay their obligations.