A Covalent Bond Results When

question 81

Multiple Choice

A covalent bond results when

• A)one atom gives up an electron to another atom.
• B)one atom gives up two electrons to another atom.
• C)two atoms share a pair of electrons.
• D)two atoms share a single electron.

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Definitions:

Quality of Receivables

An assessment of the likelihood that the receivables will be collected on time, reflecting the creditworthiness of a company's customers.

Likelihood of Collection

The probability that debts owed to a company will be paid by its debtors.

Materiality Constraint

An accounting principle that states financial information is material if its omission could influence decisions.

Direct Write-Off Method

An accounting method where uncollectable debts are written off to the expense account directly when they are deemed uncollectable.