Examlex
Which of the following is true of source data for a BI system?
Credit Terms
The conditions under which credit is extended by a lender to a borrower, including repayment schedule, interest rate, and the amount of loan.
Net Realizable Value
The estimated selling price of goods, minus the cost of their sale or completion and any necessary disposal expenses.
Allowance for Doubtful Accounts
A concession for estimated bad debts that will arise from accounts receivable that may not be collectible.
Bad Debt Expense
An accounting term referring to the recognition of unrecoverable amounts owed to a company by debtors, treated as a cost on the income statement.
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