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Match Each Term with Its Definition

question 44

Multiple Choice

Match each term with its definition.
-Process in which sterilization is accomplished by raising the temperature of surgical instruments to the designated temperature that renders them sterile


Definitions:

Allowance Method

An accounting technique that estimates and sets aside a portion of accounts receivable deemed not collectible.

Uncollectible Account

An uncollectible account is a receivable that a company is unable to collect, considered as bad debt or a write-off.

Net Amount

The remaining value after all deductions are made, such as for taxes or discounts.

Receivables

Funds that customers or clients owe to a business for products or services delivered on credit.

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