From the Navigation Pane,you Can ____ a Subordinate Heading to the Next

question 4

Multiple Choice

From the Navigation pane,you can ____ a subordinate heading to the next level up in the heading hierarchy.

• A)demote
• B)move
• C)copy
• D)promote

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Definitions:

Accounts Receivable

The amount customers have yet to pay a company for products or services that have already been provided or utilized.

Notes Receivable

A customer’s written promise to pay an amount and possibly interest at an agreed-upon rate; amounts that customers owe for which a formal, written instrument of credit has been issued.

Direct Write-Off Method

A method of accounting for bad debts that involves charging unpaid accounts directly to the expense account when they are determined to be uncollectible.

Bad Debt Expense

The operating expense incurred because of the failure to collect receivables.