This Is a Value That Signals When the End of a List

question 23

Multiple Choice

This is a value that signals when the end of a list of values has been reached.

• A) Terminal value
• B) Final value
• C) End value
• D) Sentinel

---

Definitions:

Bad Debts Recovered

Income received from previously written-off accounts receivable that have unexpectedly been collected.

Bad Debts Expense

The cost associated with accounts receivable that a company is unable to collect, considered as a non-recoverable loss.

Allowance Method

An accounting technique used to estimate and account for doubtful debts, reducing accounts receivable to a more realistic value.

Allowance for Doubtful Accounts

A contra-asset account that reduces the total receivables reported on the balance sheet to reflect the amount expected to be uncollectible.