Life Is Possible on Earth Primarily Because

question 70

Multiple Choice

Life is possible on Earth primarily because

• A) gamma rays and X-rays reach the surface.
• B) the ozonosphere and ionosphere shield the surface from harmful radiation.
• C) variable gases of all types exist in the atmosphere.
• D) ultraviolet radiation reaches the surface.

---

Definitions:

Direct Write-off

The direct write-off method is an accounting practice where uncollectible debts are written off as an expense only when they are deemed unrecoverable.

Allowance Method

An accounting technique used to estimate uncollectible accounts receivable and adjust the carrying value of the accounts.

Receivables

Receivables are amounts owed to a company by its customers or other parties for goods or services delivered but not yet paid for.

Uncollectible Accounts

Amounts owed to a company that it does not expect to collect due to customers being unable or unwilling to pay.