List Two Key Factors That Impact Access to BOTH Quality

question 49

Short Answer

List two key factors that impact access to BOTH quality health care and education.

---

Definitions:

Bad Debt Expense

An accounting term representing the amount of revenue considered uncollectible from customers or clients, typically recorded as an expense.

Credit Sales

Sales made on credit, allowing customers to purchase goods or services and pay at a later date.

Allowance for Doubtful Accounts

A contra-asset account that represents the estimated portion of accounts receivable which may not be collected due to customer defaults.

Bad Debt Expense

The cost recognized by a company because of the expectation that certain accounts receivable will not be collected.