The Balance Sheet of Acworth Pools as of December 31

question 143

Multiple Choice

The balance sheet of Acworth Pools as of December 31 stated that trade accounts receivable,net of allowance for doubtful accounts of $200,000 was $1,700,000.Which of the following describes Acworth Pool's accounts receivable situation?

• A) The company expects to actually collect $1,700,000 of its receivables.
• B) The balance in accounts receivable in the company's general ledger is $1,700,000.
• C) The net realizable value of the company's receivables is $1,900,000.
• D) The company expects collectibles to total $200,000.

Recognize the wellness benefits derived from work and the impact of gender on longevity.

Understand the complexity of determining genetic influences on personality.

Identify and understand the purposes of various personality tests and their historical backgrounds.

Recognize the implications of mental disorders on personality test outcomes.

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Definitions:

High Cost

pertains to an expense that is considerably above the average or expected expenditure on goods or services.

Practices

Established methods or procedures followed by individuals or organizations in a specific field or profession.

External

Coming from outside a particular place or context, often referring to factors or influences that are outside of an individual's or organization's control.

Internal

Pertaining to or situated on the inside; relating to the inner nature of something or someone.