Which of the Following Statements Is True of De Facto

question 13

Multiple Choice

Which of the following statements is true of de facto segregation?

• A) It has been replaced by de jure segregation.
• B) It is always voluntary in nature.
• C) It is due to discrimination in most cases.
• D) It is a formal form of separation.
• E) It was declared unconstitutional by the Supreme Court in 1954.

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Definitions:

Uncollectibles

Accounts receivable that a company has determined are unlikely to be collected and writes off as a bad debt expense.

Allowance Method

An accounting technique that anticipates and adjusts for potential future bad debts or credit losses.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from revenues.

Allowance for Doubtful Accounts

A contra-asset account that estimates the portion of accounts receivable which may not be collected, reducing the reported amount of receivables.