A Professor Needs Help from Three Student Helpers to Complete

question 87

Multiple Choice

A professor needs help from three student helpers to complete four tasks. The first task is grading; the second is scanning; the third is copying, and the fourth is organizing student portfolios. The estimated time for each student to do each task is given in the matrix below.
$$\begin{array} { r r r r r } & \mathbf { 1 } & \mathbf { 2 } & \mathbf { 3 } & \mathbf { 4 } \\\hline \text { Student A } & 90 & 50 & 40 & 20 \\\mathbf { B } & 120 & 60 & 30 & 50 \\\mathbf { C } & 110 & 60 & 50 & 70 \\\hline\end{array}$$
-Based on the information in the table, which tasks are least likely to be assigned to a student?

• A) grading
• B) scanning
• C) copying
• D) organizing portfolios

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Definitions:

Allowance Account

An accounting reserve established to adjust the carrying value of accounts receivable to their net realizable value, recognizing potential losses from uncollectible accounts.

Written Off Accounts

Accounts receivable that a company deems uncollectible and removes from its books.

Bad Debt Expense

The portion of accounts receivable that is estimated to be uncollectible and is recognized as an expense in the financial statements.

Credit Sales

Transactions where goods are sold and payment is deferred, typically allowing the customer to pay at a later date without interest.