A Company Writes Off an Account Receivable When It No

question 54

True/False

A company writes off an account receivable when it no longer expects to collect the amount due from the customer.

---

Definitions:

Shares

Units of ownership interest in a corporation or financial asset that provide for an equal distribution in any profits, if any are declared, in the form of dividends.

Nonresponse Bias

A distortion in survey or research results caused by a significant portion of participants not responding, potentially leading to unrepresentative outcomes.

Final Sample

The ultimate selection of units or participants that have been chosen for a study or survey.

Significantly Different

A term often used in statistics to indicate that the difference in results or observations is not due to chance and is important enough to be considered noteworthy.