Match Each Description to the Appropriate Term (A-D)

question 131

Short Answer

Match each description to the appropriate term (a-d). Each term may be used more than once.
-Offers two methods of estimating uncollectible accounts.
A)Direct write-off method
B)Aging of receivables method
C)Percent of sales method
D)Allowance method

• A)Direct write-off method
• B)Aging of receivables method
• C)Percent of sales method
• D)Allowance method

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Definitions:

Modern Organizations

Entities characterized by structured systems and practices aimed at achieving specific goals through collective efforts.

ERG Theory

A theory in psychology that categorizes human needs into three categories: Existence, Relatedness, and Growth.

VIE Theory

Stands for Valence, Instrumentality, and Expectancy, a psychological theory that explains motivation in terms of an individual's belief in the effectiveness and value of effort towards achieving a goal.

Goal Theory

The concept that setting specific, challenging, and attainable goals can significantly enhance employee performance.