If an Account Receivable Written Off During the Current Year

question 97

True/False

If an account receivable written off during the current year is subsequently collected during the current year, the write-off entry is reversed.

---

Definitions:

Sympathetic Nervous System

Part of the autonomic nervous system that prepares the body for rapid response to threatening or stressful situations by increasing heart rate, blood pressure, and energy availability.

Rapid Breathing

Rapid breathing, or tachypnea, is an increased rate of respiration often associated with stress, anxiety, or medical conditions.

Parasympathetic Nervous System

A division of the autonomic nervous system responsible for conserving energy and slowing the heart rate, involved in the body's rest and digest functions.

Facial Feedback Hypothesis

The idea that facial expressions can influence emotions and reflect them.