Match the Term and Its Definition

question 19

Multiple Choice

Match the term and its definition.There are more definitions than terms.
-Write-Off

• 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.

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Definitions:

Glycolysis

Glycolysis is a metabolic pathway that breaks down glucose into pyruvate, yielding energy in the form of ATP.

Thiamin

A water-soluble vitamin, also known as Vitamin B1, vital for energy metabolism in the body.

Beriberi

A nutritional deficiency disease caused by a lack of thiamine (vitamin B1) in the diet, affecting the cardiovascular and nervous systems.

Proteins

Essential macromolecules made of amino acids that perform a wide range of functions within organisms, including catalyzing metabolic reactions and supporting cell structure.