Which of the Following Are the Two Methods of Estimating

question 34

Multiple Choice

Which of the following are the two methods of estimating uncollectible receivables?

• A) The allowance method and the amortization method
• B) The aging-of-accounts-receivable method and the percent-of-sales method
• C) The gross-up method and the direct write-off method
• D) The direct write-off method and the percent-of-completion method

---

Definitions:

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms, pressures, or expectations.

Social Pressure

The influence exerted by a society or a social group on individuals to conform to expected norms, behaviors, or attitudes.

Negative Reinforcement

Negative Reinforcement is a psychological principle where the removal or avoidance of an undesirable outcome strengthens a behavior.

Conformity

The process of aligning one's attitudes, beliefs, and actions with the norms, policies, or expectations of a group or society.