In a SWOT Analysis, A(n)________ of a Business Is a Trait

question 45

Multiple Choice

In a SWOT analysis, a(n) ________ of a business is a trait, condition, or situation that is perceived as negative.

• A)strength
• B)weakness
• C)opportunity
• D)threat
• E)leverage

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Definitions:

Receivables

Money owed to a business by its customers for goods or services delivered or used but not yet paid for.

Allowance Method

An accounting technique to estimate and account for bad debts, where anticipated uncollectible accounts receivable are predicted and recorded.

Uncollectible Receivables

Accounts receivable that cannot be collected from customers, often recognized as a bad debt expense.

Net Realizable Value

The estimated selling price of goods, minus the cost of their sale or disposal.