Match the Following Terms with the Explanations Below

question 71

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 that 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.

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Definitions:

Early Intervention

Programs or strategies designed to identify and provide targeted educational and therapeutic support to young children with developmental delays or special needs.

Economic Returns

The financial gains or benefits received from an investment, business venture, or economic activity, compared to the amount of money or resources invested.

Optimal Production Volume

The quantity of goods that a company should produce to minimize costs and maximize efficiency, profitability, or both.