The NACUBO Financial Accounting and Reporting Manual Treats Estimates of Uncollectible

question 46

Multiple Choice

The NACUBO Financial Accounting and Reporting Manual treats estimates of uncollectible student accounts as:

• A) Bad debt expense
• B) A reduction in tuition and fee revenue
• C) Either bad debt expense or a reduction in tuition and fee revenue as long as the policy is consistently applied
• D) None of the above; colleges and universities must use the direct write off method

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Silent Comedian

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Boyish Everyman

A male character archetype that embodies youthful innocence and the relatable, ordinary aspects of everyday life.

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