The Direct Write-Off Method Prescribes That a Previously Written Off

question 50

Multiple Choice

The direct write-off method prescribes that a previously written off account will reopen when the customer:

• A) sends the full amount to pay off the account.
• B) sends any amount to pay on their account.
• C) pays the collection bureau.
• D) None of the above

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Definitions:

Tariffs

Taxes imposed on imported or, less commonly, exported goods, used by governments to regulate trade, protect domestic industries, or generate revenue.

Importing Products

The business activity of bringing goods or services into one country from another to sell them.

Domestic Markets

The supply and demand of goods and services within a single country.

Technical Service

Professional services that provide specialized technical expertise or support to businesses or consumers.