This Method Is Basic and One That Can Be Easily

question 10

Multiple Choice

This method is basic and one that can be easily learned.

• A) Active Listening
• B) Tentative Agreement
• C) Economic Matrix
• D) Categorization

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Definitions:

Direct Write Off Method

A method of accounting for bad debts that involves charging unpaid invoices directly to expense when they are determined to be uncollectible.

Bad Debts Expense

An expense account to record accounts receivable that a company does not expect to collect.

Allowance for Doubtful Accounts

A contra-asset account designed to predict the value of receivables that are expected to be uncollectible.