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Which of the following is not a defense mechanism?
Aging of Accounts Receivable
A document or method that organizes a business's accounts receivable based on the duration an invoice has remained unpaid.
Bad Debts Expense
An expense reported on the income statement, representing the non-collectable accounts receivable from extending credit to customers.
Allowance for Doubtful Accounts
An estimation of the amount of accounts receivable that is not expected to be collected, used to create a more accurate picture of a company's financial health.
Allowance for Doubtful Accounts
A contra-asset account that represents estimates of receivables that may not be collectible.
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