An Alternative to Algebraic Modeling Is Spreadsheet Modeling

question 4

True/False

An alternative to algebraic modeling is spreadsheet modeling.Instead of relating various quantities with algebraic equations and inequalities,they are related in a spreadsheet with cell formulas.

---

Definitions:

Allowance for Doubtful Accounts

A contra-asset account used to estimate the portion of a company's accounts receivable that may not be collected.

Receivable

An amount due to be received by a company for goods or services provided on credit; an asset on the balance sheet.

Selling Merchandise

The act of offering goods for sale to consumers in exchange for money.

Services on Account

A method where businesses provide services to a customer and allow them to pay at a later time, recording the transaction as account receivable.