When the Direct Write-Off Method Is Used to Account for Uncollectible

question 177

Multiple Choice

When the direct write-off method is used to account for uncollectible accounts,which of the following accounts would not be used?

• A)Bad Debt Expense
• B)Accounts Receivable
• C)Allowance for Doubtful Accounts
• D)Notes Receivable

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Definitions:

Formal-Operational Thought

A stage in Piaget's theory of cognitive development where individuals develop the ability to think about abstract concepts, hypothetical situations, and use logic.

Piaget's Ideas

The theories of cognitive development proposed by Jean Piaget, emphasizing how children progress through distinct stages of development.

Transitivity

Principle that says if a relation holds between a first object and a second object, and holds between the second object and a third object, then it holds between the first object and the third object. Piaget argued that an understanding of transitivity is characteristic of concrete operational thought.

Logical

Pertaining to the use of reason and systematic thinking to analyze and form judgments.