A(n) ____ Is a Communications Device That Connects a Communications

question 50

Multiple Choice

A(n) ____ is a communications device that connects a communications channel such as the Internet to a device such as a computer.

• A) coax
• B) modem
• C) port
• D) ethernet

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Definitions:

Allowance Method

A method of accounting for bad debts that involves estimating uncollectible accounts at the end of each period, allowing businesses to record expected losses.

Bad Debts Expense

An expense reported on the income statement, representing the amount of receivables a company cannot collect from its customers during an accounting period.

Credit Sale

A transaction in which goods or services are provided to a customer with the understanding that payment will be made at a later date.

Allowance Method

An accounting technique used to account for future losses on receivables that are considered likely to become uncollectible.