Which of the Following Methods of Accounting for Uncollectible Accounts

question 22

Multiple Choice

Which of the following methods of accounting for uncollectible accounts matches sales with bad debts expense?

• A)direct write-off method
• B)allowance method
• C)contra-asset method
• D)reconciliation method

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Definitions:

Performance Appraisal

Performance appraisal is the systematic evaluation of employees' job performance and productivity to understand their abilities for further growth and development within an organization.

Goals

Targets, objectives, or outcomes that an individual, group, or organization aims to achieve.

Forced-Distribution Method

The forced-distribution method involves grouping employees into predefined frequencies of performance ratings.

Performance Ratings

Assessments of an employee's job performance, often used for feedback, development, and decisions about promotions or raises.