Shelley Is Pregnant and Has Concerns About Possible Mercury Contamination

question 7

Multiple Choice

Shelley is pregnant and has concerns about possible mercury contamination in the fish she eats. According to Health Canada, she should avoid all the following, EXCEPT:

• A) swordfish
• B) king mackerel
• C) fresh or frozen tuna
• D) salmon

---

Definitions:

Allowance Method

An accounting technique used to account for uncollectible accounts receivable, estimating and recording bad debt expenses based on historical data.

Direct Write-off Method

An accounting practice where uncollectible accounts receivable are directly written off against income at the time they are deemed uncollectible.

Uncollectible Receivables

Debts owed to a company that are considered impossible or highly unlikely to be paid, often written off as bad debt.

Bad Debt Expense

An estimated expense that represents the amount of receivables that a company does not expect to collect due to customers' inability to pay.