Which of the Following Is Not Considered an Accounting Estimate

question 30

Multiple Choice

Which of the following is not considered an accounting estimate?

• A)Allowance for loan losses.
• B)Credit sales.
• C)Net realizable value of inventory.
• D)Percentage-of-completion revenue to be recorded.

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Definitions:

Substance Abuse Disorders

Disorders related to the excessive use of harmful substances, including alcohol and drugs.

Conduct Disorder

A mental disorder diagnosed in childhood or adolescence characterized by a persistent pattern of behavior that violates the rights of others or major societal norms.

Psychiatric Disorder

A mental disorder or illness that significantly interferes with an individual's cognitive, emotional, or social abilities.

ADHD

Attention-Deficit/Hyperactivity Disorder, a neurodevelopmental disorder characterized by inattention, hyperactivity, and impulsivity.