Which Term Refers to Work Completed by Travelling Employees Who

question 117

Multiple Choice

Which term refers to work completed by travelling employees who use technology to communicate with the office as necessary from places such as client offices, airports, cars and hotels?

• A) Mobile work
• B) Satellite offices
• C) Home-based telecommuting
• D) Neighbourhood work centres
• E) Telework

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Definitions:

Allowance for Doubtful Accounts Method

The allowance for doubtful accounts method involves estimating and deducting the amount of receivables that may not be collected from the accounts receivable balance.

Accounts Receivable

Pending payments to a company from its customers for merchandise or services that have already been given.

Allowance Method

An accounting technique used to estimate and account for bad debts expense, building an allowance for doubtful accounts.

Bad Debts Expense

The cost associated with accounts receivable that a company cannot collect and thus writes off as a loss.