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Determine a freshman's likely first-year grade point average from the student's Scholastic Aptitude Test (SAT) score, high school grade point average, and number of extra-curricular activities. This is an example of
Globalization
The method of engaging and combining efforts among individuals, corporations, and governments across the globe.
Direct Write-off
A method of accounting for bad debts where specific uncollectible accounts receivable are written off against income at the time they become uncollectible.
Bad Debt Expense
The operating expense incurred because of the failure to collect receivables.
Uncollectible
Refers to amounts due to a company that it considers unlikely to be collected from debtors.
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