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In Addition to an Aging Analysis to Establish an Allowance

question 17

Multiple Choice

In addition to an aging analysis to establish an allowance for doubtful accounts, a __________ system may be used to assess the ability of customers to pay outstanding receivables.


Definitions:

Intrigued

Having one's interest or curiosity greatly aroused.

Salivate

The secretion of saliva in the mouth by the salivary glands, often in response to the sight, smell, or taste of food.

Elicits

To draw out or bring forth a response or answer through various means.

UCS

Unconditioned Stimulus; in classical conditioning, it is something that naturally and automatically triggers a response without any learning needed.

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