Match the Term and Its Definition

question 113

Multiple Choice

Match the term and its definition.There are more definitions than terms.
-Aging of Accounts Receivable

• 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:

Communication Problems

Challenges or barriers in the exchange of information between individuals, which can lead to misunderstandings and conflicts.

Preservation

The act of maintaining something in its original or existing state to prevent decay or destruction.

Ritualistic Behavior

Actions performed in a prescribed way, often for religious or cultural reasons, that follow a set pattern or ritual.

Resistant Children

Children who show opposition or struggle to adapt to changes or new environments, often as a behavioral response.