Which of the Following Are the Two Methods of Estimating

question 107

Multiple Choice

Which of the following are the two methods of estimating uncollectable receivables?

• A)The direct write- off method and the percentage- of- completion method
• B)The ageing- of- accounts- receivable method and the percentage- of- sales method
• C)The gross- up method and the direct write- off method
• D)The allowance method and the amortisation method

---

Definitions:

Practical or Ethical Reasons

Justifications for decisions or actions based on practicality, including effectiveness and convenience, or ethical considerations, involving moral principles.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data values around the mean.

Descriptive Statistics

Statistical techniques used to describe and summarize the basic features of data in a study.

Mean Age

The average age of individuals in a population or group, calculated by adding their ages together and dividing by the number of individuals.