_____ Is Used to Describe the Characteristics of the Logic

question 50

Multiple Choice

_____ is used to describe the characteristics of the logic units that make up specific Web services.

• A) Web Services Description Language
• B) Universal Description, Discovery, and Integration Specification
• C) Representational State Transfer
• D) Simple Object Access Protocol

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Definitions:

Allowance Method

An accounting technique used to estimate and account for potential uncollectible accounts receivable and bad debts.

Uncollectible Receivables

Debts owed to a company that are deemed unrecoverable and are written off as a loss because the debtor is unable to pay.

Allowance for Doubtful Accounts

An estimation of the amount of accounts receivable that may not be collected, which is used as a contra asset to adjust the net value of accounts receivable.

Direct Write-off Method

An accounting approach where uncollectable debts are directly written off against income at the time they are deemed non-recoverable.