One Might Infer from a Debit Balance in Allowance for Uncollectible

question 71

Multiple Choice

One might infer from a debit balance in Allowance for Uncollectible Accounts that

• A)a posting error has been made.
• B)Uncollectible Accounts Expense has been overestimated.
• C)the accounts receivable aging method apparently is being used.
• D)more has been written off than had been estimated.

---

Definitions:

Electronic Ordering

The process of purchasing goods or services via electronic means, such as the internet or mobile applications.

Computerized Cash Register

An electronic device designed to handle sales transactions, equipped with the ability to store, process, and record sales data.

Supply Partnership

A strategic relationship between a supplier and a buyer aimed at improving efficiency, quality, and competitiveness.

Microprocessors

Integrated circuits that contain the basic functions of a central processing unit (CPU) of a computer, performing calculations and operations necessary to run software.