Use the Random Digits Table Above, Starting at Line 105

question 11

Multiple Choice

Use the random digits table above, starting at line 105, to select four people from a list numbered 00 to 99.

• A) 75, 02, 95, 10
• B) 75, 51, 25, 02
• C) 10, 57, 50, 29
• D) 01, 00, 05, 07

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Definitions:

Outstanding Receivables

The amount of money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Net Realizable Value

The estimated selling price of goods minus the cost of their sale or completion.

Allowance for Doubtful Accounts

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

Accounts Receivable

Money owed to a company by its customers for goods or services delivered or used but not yet paid for.