Following Generally Accepted Accounting Principles,which Method of Estimating Uncollectible Accounts

question 69

Multiple Choice

Following Generally Accepted Accounting Principles,which method of estimating uncollectible accounts is NOT acceptable?

• A)allowance method
• B)percent-of-sales method
• C)aging-of-receivables method
• D)direct write-off method

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Definitions:

Narcissistic

Characterized by an inflated sense of self-importance, a deep need for excessive attention and admiration, and a lack of empathy for others.

Schizotypal

Pertaining to a personality disorder characterized by severe social anxiety, thought disorder, paranoid ideation, derealization, transient psychosis, and often unconventional beliefs.

Chronic Schizophrenic Disturbance

A long-term mental disorder characterized by a breakdown in the relation between thought, emotion, and behavior, leading to faulty perception and withdrawal.

Higher Order Scans

Advanced diagnostic imaging techniques used to obtain detailed images of the internal structures and functions of the body, usually for medical purposes.