Match the Term with the Definition

question 52

Multiple Choice

Match the term with the definition.
-Legislation signed by President George H. W. Bush in 1990 that banned discrimination against the disabled. The law also required handicapped accessibility in public facilities and private businesses.

• A)Americans with Disabilities Act (ADA)
• B)Clean Air Act of 1990
• C)Earned Income Tax Credit (EITC)
• D)Iraq War
• E)Patient Protection and Affordable Care Act
• F)Persian Gulf War
• G)Personal Responsibility and Work Opportunity Reconciliation Act
• H)No Child Left Behind Act
• I)North American Free Trade Agreement (NAFTA)
• J)USA Patriot Act
• K)World Trade Organization (WTO)

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Definitions:

Invoice

A document issued by a seller to a buyer, itemizing a transaction and requesting payment for goods or services provided.

Promises To Pay

Agreements or commitments by a debtor to pay a specific amount by a certain date to a creditor.

Direct Write-off Method

A method of accounting for bad debts that involves charging unpaid invoices directly to the expense account when they are determined to be uncollectible.

Allowance Method

An accounting technique used to estimate uncollectible accounts receivable and record them as an expense.