Match the Term and Its Definition

question 103

Multiple Choice

Match the term and its definition.There are more definitions than terms.
-Percentage of Credit Sales Method

• A)The process of removing specific customers' accounts deemed uncollectible.
• B)When a company increases the amount of accounts receivable by adding the interest earned as accounts age without being collected.
• C)How much money you can expect to earn over a period of time selling your goods.
• D)Selling accounts receivable to another company for immediate cash.
• E)Credit that a company receives when one good is exchanged for another.
• F)Also known as net accounts receivable.
• G)The length of the credit period and any discounts offered for prompt payment.
• H)The amount of money lent.
• I)A method of estimating uncollectible debts by forecasting the probability of not collecting late accounts.
• J)The interest earned by money over a period of time.
• K)A method of estimating uncollectible debts by looking at the historical average of credit sales not collected.
• L)The account in which the estimated amount of accounts receivable expected to be uncollectible is recorded.

---

Definitions:

Moody

Prone to emotional fluctuations, often resulting in variable moods and feelings.

Psychosocial Scaffolding

Psychosocial scaffolding is a supportive framework provided by caregivers or educators to facilitate a child's learning and emotional development, helping them achieve tasks beyond their current ability independently.

Synchrony

The simultaneous action or occurrence of events or processes.

Polarization

The process or phenomenon where a population or group becomes divided into opposing factions, often leading to heightened tensions and conflict based on differing beliefs, values, or ideologies.