Examlex
Deming's writings on quality tend to focus on the customer and on fitness for use, unlike Juran's work that is oriented toward meeting specifications.
Bad Debts
Refers to the amount of money owed to a company that is unlikely to be paid by the debtor, considered as a loss to the company.
Direct Write-off Method
An accounting practice where uncollectable debts are directly removed from the accounts receivable balance upon determination of their uncollectibility.
Bad Debts
Funds that a business or individual is unable to collect because the debtor is unable to pay.
Allowance Method
An accounting technique used to estimate and account for doubtful accounts receivable.
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