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Name two actions that a government could take if it wants to implement an expansionary fiscal policy.
Accounts Receivable
Outstanding payments due to a company from its customers for delivered or utilized goods and services.
Bad Debt Expense
An estimate of loss due to customers' inability to make payments, recognized as an expense in accounting.
Allowance Method
An accounting technique used to estimate and account for doubtful accounts, providing an allowance for accounts receivable that may not be collectible.
Uncollectible Account
A receivable that a company has given up on collecting due to the debtor's inability to pay, also known as a bad debt.
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