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In a Survey About 9/11, Pollsters Found That the Percentage

question 78

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In a survey about 9/11, pollsters found that the percentage of Americans aged 50 and over who believed that luck was the major reason there had not been another large attack since 9/11 was nearly double the percentage of Americans aged 18 to 29 who expressed the same belief. What is this an example of?


Definitions:

Allowance for Doubtful Accounts

An accounting method that reduces accounts receivable on a company's balance sheet by estimating the amount of receivables that will not be collected.

Uncollectible Receivables

Debts owed to a company that are considered unlikelihood to be collected.

Bad Debt Expense

Unrecoverable amounts from accounts receivable representing financial losses for a company.

Direct Write-off Method

An accounting practice where actual bad debts are written off against income at the time they are identified as irrecoverable.

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