What Is the Output of the Following Code Segment

question 19

Multiple Choice

What is the output of the following code segment?

• A)1 2 3 4 5
• B)1 1 1 ... and on forever
• C)2 3 4 5 6
• D)1 2 3 4
• E)2 3 4 5

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Definitions:

Written off Accounts

Accounts deemed uncollectible and therefore removed from the accounts receivable balance in the financial statements.

Allowance for Doubtful Accounts

An estimate of the receivables that may not be collected, reducing gross receivables to a more realistic net value.

Uncollectible Receivables

Accounts receivable that a company has determined are unlikely to be collected and thus are written off as a bad debt expense.

Bad Debt Expense

An expense reported on the income statement, reflecting the cost of debts that are deemed uncollectible.