While Having a Discussion, Technician a Says That Some State

question 1

Multiple Choice

While having a discussion, Technician A says that some state governments use the ASE advanced engine performance specialist certification as a prerequisite to licensing their emission technicians. Technician B says that some states have their own testing programs. Who is correct?

• A)A only
• B)B only
• C)Both A and B
• D)Neither A nor B

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Definitions:

Uncollectible

Refers to accounts receivable that are considered to be uncollectable and are thus written off as a bad debt expense.

Cash Receipts

The collection of money (currency, checks, wire transfers) by a business from its customers or other parties.

Inventory Purchases

The total cost associated with buying goods and materials kept in stock for the purpose of resale or production in a given period.

Administrative Expenses

Costs related to the general operation of a company, such as salaries of executive personnel, legal fees, and insurance.