Match the Following File Types to Their Description

question 45

Multiple Choice

Match the following file types to their description.
-Block devices

• A)Unbuffered files used to exchange data
• B)Virtual connections between two processes
• C)Provide a FIFO mechanism
• D)Buffered files used to exchange data

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Definitions:

Allowance Method

An accounting technique that estimates and deducts accounts receivable deemed uncollectible from total accounts receivable.

Allowance for Doubtful Accounts

A contra-asset account designed to anticipate the amount of accounts receivable that might be uncollectible.

Bad Debt Expense

An accounting expense recognized when a company can no longer recover a debt that it has issued.

Bad Debt Expense

Represents the amount of receivables a company estimates it will not collect.