The Axes of an MDS Solution

question 71

Multiple Choice

The axes of an MDS solution

• A) are determined uniquely from the data by the MDS routine
• B) have a special, privileged meaning
• C) can be rotated and/or flipped and reinterpreted
• D) are pre-determined by researchers before the data is entered

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Definitions:

Allowance Method

An accounting technique that estimates and deducts accounts receivable deemed to be uncollectible from total receivables, creating an allowance for doubtful accounts.

Uncollectible Receivables

Debts owed to a company that are considered uncollectible and are written off as a loss.

Bad Debt Expense

An expense account representing the estimated uncollectible accounts receivable.

Direct Write-off Method

An accounting method where bad debts are expensed only when specific accounts are deemed uncollectible and written off.