All of the Following Factors Contributed to the End of Mongol

question 60

Multiple Choice

All of the following factors contributed to the end of Mongol rule in China except

• A) excessive military expenditures.
• B) insufficient incoming receipts from taxes.
• C) internal strife, aggravated by growing famine.
• D) inferior abilities among the successors to Khubilai Khan.
• E) the plague that killed millions of Mongols in 1241 and 1242.

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Definitions:

Allowance Method

A method of accounting for bad debts that involves estimating and recording uncollectible accounts receivable as an expense.

Write-Off

An accounting action whereby the value of a bad debt or an asset is reduced to zero, acknowledging it as a loss.

Average Collection Period

The average time it takes for a company to receive payments from its customers.

Accounts Receivable Turnover

A financial metric that measures how efficiently a company collects its receivables or the credit it extends to customers.