Which One of the Following Is Not an Accurate Description

question 97

Multiple Choice

Which one of the following is not an accurate description of the Allowance for Doubtful Accounts?

• A)The account is an income statement account.
• B)The account is a contra account.
• C)The amount of the Allowance for Doubtful Accounts decreases the net realizable value of a company's receivables.
• D)The account is increased by an estimate of uncollectible accounts expense.

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Definitions:

Female Jobs

This term is not accurately descriptive or appropriate as jobs are not gender-specific. However, it may refer to occupations that historically or statistically have a majority of female employees.

Pay Equity Legislation

Laws designed to eliminate wage disparities between employees, particularly addressing and rectifying gender-based pay differences.

Compensable Factors

Elements of a job that are used to determine its value and appropriate compensation, such as skill level, effort, responsibility, and working conditions.

Pay Grades

A structured pay scale that determines the salary range for different levels of positions within an organization.