When You Use a Computer to Write a Class Report

question 15

True/False

When you use a computer to write a class report, the paragraphs of the report are considered to be an example of the data component of an information system.

---

Definitions:

Bad Debt Expense

A financial accounting concept representing the amount of revenue considered uncollectible from customers or clients.

Percent Of Sales Method

A financial forecasting model that estimates future financial statements based on assumed sales growth and historical financial ratios.

Bad Debts

Unrecoverable amounts owed to a company by debtors that are deemed uncollectable and written off as a loss.

Receivables Methods

Methods used by businesses to manage and account for money owed to them by customers for goods or services delivered on credit.