The Three Building Blocks of Media Literacy Include

question 3

Multiple Choice

The three building blocks of media literacy include

• A) knowledge, access, and experience.
• B) reading, writing, and analyzing.
• C) personal locus, knowledge structures, and skills.
• D) knowledge of print media, broadcast media, and digital media.

Understand and explain the effects of writing off accounts receivable on the accounting equation under the direct write-off method.

Distinguish between the various methods used for estimating uncollectible accounts.

Recognize the impact of uncollectible accounts on net realizable value and bad debt expense.

Calculate the net realizable value of accounts receivable and adjustments for bad debt expense.