The World Saw Some of the Hazards of Radioactivity After

question 13

Multiple Choice

The world saw some of the hazards of radioactivity after the United States used a nuclear bomb in WWII. From this event, we saw an increase in all but which of the following?

• A) radiation sickness
• B) infertility
• C) cardiovascular disease
• D) slow-killing cancers
• E) birth defects

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Definitions:

Notes Receivable

Claims held by a party for payments due from debtors, usually evidenced by a formal instrument of indebtedness such as a promissory note.

Allowance Method

An accounting approach to managing bad debts by estimating and recording uncollectable accounts receivable as an expense before the debts are known to be uncollectable.

Bad Debts Expense

The cost associated with the portion of accounts receivable that is estimated to be uncollectible during a fiscal period.

Uncollectible Account

A receivable that is considered uncollectible from a debtor, usually displayed as an expense.