Which of the Following Best Describes the Proper Treatment for Uncollectible

question 82

Multiple Choice

Which of the following best describes the proper treatment for uncollectible amounts of tax revenue?

• A) Report as bad debt expense.
• B) Report revenues net of uncollectible amounts.
• C) Report as bad debt expenditures.
• D) Report as deferred revenue.

---

Definitions:

Benefits

Advantages or favorable outcomes resulting from actions or conditions.

Proposals

Documents or presentations that offer a plan or suggestion for consideration or discussion by others, especially in a professional or business context.

RFP

Request for Proposal; a document that solicits proposal, often through a bidding process, from potential suppliers or contractors.

Implications

The possible effects, consequences, or outcomes that may result from a particular action or set of conditions.