Which of the Following Are Factors That Relate to the Fertility

question 48

Multiple Choice

Which of the following are factors that relate to the fertility rate?

• A) the environmental makeup of a certain country
• B) the age of the women in a geographic area
• C) the lack of knowledge as it pertains to sexual behaviors
• D) the number of childbirths per 1,000 people per year

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Definitions:

Allowance for Doubtful Accounts

A contra-asset account that estimates the portion of accounts receivable which may not be collected, reducing the reported amount of receivables.

Bad Debt Expense

The cost a company incurs because of the inability to collect payments from customers for credit sales, recognized as an expense.

Uncollectible Accounts

Accounts from which businesses are unable to obtain payment, often leading to writing off these amounts as a bad debt expense.

Allowance Method

A method used in accounting to estimate the amount of uncollectible accounts receivable. This ensures revenues and expenses are matched in the period they are incurred.