Which of the Following States That in Any Federal Prosecution

question 53

Multiple Choice

Which of the following states that in any federal prosecution a confession shall be admissible in evidence if it is given voluntarily?

• A)Fifth Amendment
• B)Due process voluntariness
• C)18 U.S.C.Section 3501
• D)Miranda rights

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Definitions:

Bad Debt Expense

An anticipated expense recorded in the accounts to allow for customers' debts that have been deemed unrecoverable.

Journal Entries

Records of financial transactions in the accounting system, showing accounts affected, amounts, and date.

Allowance Account

An account used in accounting to reflect anticipated losses from accounts receivable that might not be collected.

Direct Write-Off Method

A method of accounting for bad debts whereby companies directly remove (write off) uncollectible amounts from accounts receivable when they are deemed uncollectible.