What Does the Term "Net Realizable Value" Mean with Regard

question 23

Multiple Choice

What does the term "net realizable value" mean with regard to the accounts receivable account?

• A) The gross amounts owed by customers for credit purchases.
• B) Total accounts receivable plus an amount estimated for bad debts.
• C) The allowance for doubtful accounts less bad debt expense.
• D) Actual amounts of accounts receivable less an allowance for doubtful accounts.

---

Definitions:

Reinforcer

Any stimulus that strengthens or increases the likelihood of a behavior by its occurrence.

Contingency Management

A behavioral therapy technique that modifies behavior by changing the consequences that are contingent upon that behavior.

Assessment

The process of evaluating or estimating the nature, ability, or quality of something, often for purposes of education or psychology.

Contingency Management

A behavioral therapy technique based on the modification of behavior by changing the consequences of behaviors.