The Two Methods of Estimating Uncollectible Receivables Are The

question 112

Multiple Choice

The two methods of estimating uncollectible receivables are the:

• A)percent of sales method and the aging- of- receivables method.
• B)percent of sales method and the direct write- off method.
• C)allowance method and the direct write- off method.
• D)aging- of- receivables method and direct write- off method.

---

Definitions:

Potential Polluters

Entities that are capable of emitting pollutants into the environment, posing risks to ecological and human health.

External Costs

Costs that are not borne by the parties involved in an economic transaction, often affecting third parties who did not choose to incur that cost.

Marginal Cost

The charge for producing one more unit of a product or service.

Marginal Benefit

Marginal benefit is the additional satisfaction or value a consumer derives from consuming one more unit of a good or service.