Which of the Following Is One of the Methods Used

question 51

Multiple Choice

Which of the following is one of the methods used to account for uncollectible accounts?

• A) Percentage of sales (emphasis on income statement).
• B) Percentage of receivables (emphasis on statement of financial position).
• C) Direct write-off.
• D) All of these answer choices are correct.

---

Definitions:

Genetic Inheritance

The process through which genes and characteristics are passed down from parents to offspring.

Experiment

A method of research in the sciences or social sciences in which variables are manipulated and controlled to determine their effects on other variables.

Behavioral Outcomes

The observable behaviors or actions that result from interventions, treatments, or environmental conditions, often used to assess the effectiveness of a specific intervention or treatment.

Sociocultural Theory

The approach that emphasizes how cognitive development proceeds as a result of social interactions between members of a culture.