Productivity Is _________ Per Unit of __________

question 48

Multiple Choice

Productivity is _________ per unit of __________.

• A)output;input
• B)input;output
• C)labor;capital
• D)None of these choices are true.

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Definitions:

Allowance Method

An accounting technique that anticipates and adjusts for potential future bad debts or credit losses.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from revenues.

Allowance for Doubtful Accounts

A contra-asset account that estimates the portion of accounts receivable which may not be collected, reducing the reported amount of receivables.

Bad Debt Expense

The cost a company incurs because of the inability to collect payments from customers for credit sales, recognized as an expense.