All of the Following Criteria Serve as a Valid Basis

question 39

Multiple Choice

All of the following criteria serve as a valid basis for identifying potential projects in most organizations EXCEPT:​ 

• A) social need 
• B) environmental consideration 
• C) technological advance 
• D) internal politics

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Definitions:

Bad Debt Expense

An expense account representing accounts receivable that a company does not expect to collect and writes off as a loss.

Allowance for Doubtful Accounts

A contra account that reduces the total receivables on the balance sheet to reflect the amount that is expected not to be collected.

Selling Receivables

The process of selling a company's outstanding invoices to a third party to improve cash flow and reduce risk.

Risk

The possibility of experiencing loss or other adverse effects in business or investment.