One of Your Colleagues Approaches You for a Few Tips

question 27

Multiple Choice

One of your colleagues approaches you for a few tips on how to best put together a training session using the case study method. Which of the following is NOT a tip you should provide?

• A) the case should be realistic and free of personal biases
• B) the case writer should avoid facts and keep the information vague
• C) the case writer should not make assumptions
• D) the case should challenge the trainees' critical thinking skills

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Definitions:

Bad Debts

Accounts receivable that a company does not expect to collect because customers are unable to pay their debts.

Credit Sales

Sales made by a business where the payment is received after the sale has been made, typically recorded as accounts receivable.

Adjustment

Entries made in preparing financial statements to allocate expenses or revenues to the appropriate accounting period.

Aging Report

A financial report that categorizes a company's accounts receivable according to the length of time an invoice has been outstanding.