What Is the Definition of Preponderance of the Evidence?​

question 96

Multiple Choice

What is the definition of preponderance of the evidence?​

• A) ​50%
• B) ​more than 50%
• C) ​75%
• D) ​99%

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Definitions:

Notes Receivable

A claim or promissory note that provides evidence of a debt due to the holder from a debtor with specified terms of repayment.

Allowance Method

An accounting technique used to account for uncollectible accounts receivable, estimating and recording bad debt expenses based on historical data.

Direct Write-off Method

An accounting practice where uncollectible accounts receivable are directly written off against income at the time they are deemed uncollectible.

Uncollectible Receivables

Debts owed to a company that are considered impossible or highly unlikely to be paid, often written off as bad debt.