Match the Following Terms with the Explanations Below

question 131

Essay

Match the following terms with the explanations below. If no term fits the explanation write none
_______ (1) A means of accounting for uncollectibles which does not recognize any expense until specific receivables are determined to be worthless.
_______ (2) An account showing the amount of estimated uncollectible receivables.
_______ (3 ) The process of estimating uncollectible accounts by classifying accounts receivables by age groups.
_______ (4) Dividing net sales by average receivables to create a ratio to measure the liquidity of accounts receivable.
_______ (5) Very short-term liquid investments which must mature within 90 days of acquisition.
_______ (6) Cash and assets convertible directly into known amounts of cash.
_______ (7) An account showing the difference between the cost of an investment in marketable securities and its market value.
_______ (8) The value of a note at its maturity date.
_______ (9) Highly liquid investments that can be sold in organized securities exchanges.
$$\begin{array} { | l | l | l | } \hline \text { Accounts Receivable Turnover Rate } && \text { Financial Assets } \\\hline \text { Allowance for Doubtful Accounts } && \text { Marketable Securities } \\\hline \text { Cash Equivalents } && \text { Mark-to-Market } \\\hline \text { Direct Write Off Method } && \text { Unrealized Gain } \\\hline\end{array}$$

---

Definitions:

Structuralism

An approach in psychology that analyzes the mind's structure by understanding the simplest definable components and then how they fit together in complex forms.

Classical Music

A broad genre of music that spans over several periods from the Middle Ages to the present, characterized by its sophisticated structures and forms.

Research Methodology

The systematic plan, approach, and procedures for conducting scientific research to ensure valid and reliable results.

Philosophy

The study of the fundamental nature of knowledge, reality, and existence, often considered a theoretical basis of disciplines such as ethics, logic, and metaphysics.