Which of the Following Are Two Methods of Estimating Uncollectible

question 122

Multiple Choice

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

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

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Definitions:

Inheritance

A feature of object-oriented programming that allows a new class to extend an existing class, inheriting its attributes and behaviors.

Polymorphism

A concept in object-oriented programming that allows methods to do different things based on the object it is acting upon.

Base Class

In object-oriented programming, the class from which other classes are derived, providing a common set of attributes and methods.

STL

The Standard Template Library, a C++ library of container classes, algorithms, and iterators.