Match the Following Definitions with Their Appropriate Terms

question 188

Multiple Choice

Match the following definitions with their appropriate terms .
-Aging schedule

• A)A receivable arising from the sale of goods or services
• B)A form used to categorize the various individual with a verbal promise to pay. accounts receivable according to the length of time each has been outstanding.
• C)A method of estimating bad debts on the basis of either
• D)A measure of the number of times receivables are the net credit sales of the period or the accounts collected in a period. receivable at the end of the period.
• E)The general ledger account that is supported by a
• F)A contra-asset account used to reduce accounts subsidiary ledger. receivable to its net realizable value.
• G)The detail for a number of individual items that
• H)The recognition of bad debts expense at the point an collectively make up a single general ledger account. account is written off as uncollectible.

---

Definitions:

Career Information

Data and insights about various professions, including job duties, educational requirements, salary ranges, and employment trends, which aid in career planning and decision-making.

O*Net

Stands for the Occupational Information Network, a free online database that provides detailed descriptions of the world of work for use by job seekers, workforce development, and HR professionals.

Average Incomes

The mean earnings of individuals or groups, calculated by dividing the total income of the group by the number of individuals.

Abilities and Interests

Characteristics and personal preferences that influence an individual's choice in career, hobbies, and activities.