Which of the Following Methods of Recording Uncollectible Accounts Expense

question 131

Multiple Choice

Which of the following methods of recording uncollectible accounts expense would be described best as an income statement method?

• A) Both direct charge-off method and accounts receivable aging method
• B) Direct charge-off method
• C) Percentage of net sales method
• D) Accounts receivable aging method

---

Definitions:

Maslow

Refers to Abraham Maslow, a psychologist known for creating Maslow's hierarchy of needs, a theory in psychology regarding human motivation.

Approach-Oriented

A term used to describe behaviors or attitudes that are directed towards achieving positive outcomes or engaging with positive stimuli.

Fight-Or-Flight

The fight-or-flight response is a physiological reaction that occurs in response to a perceived harmful event, attack, or threat to survival.

Approach Motivation

Anticipating rewards for success.