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Although testing can be an effective way to distinguish among candidates, today it is not legal because it has been used to discriminate against minority groups.
Uncollectible Percentage
The estimated portion of accounts receivable that a company does not expect to collect.
Uncollectible Accounts
Accounts receivable that are considered to be uncollectible and represent losses to the company, often written off as bad debt.
Bad Debts Expense
Bad Debts Expense represents the estimated amount of receivables that a company does not expect to collect.
Allowance for Doubtful Accounts
A contra-asset account that reduces the total receivables reported on the balance sheet by the amount expected not to be collected.
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