Griselda and Gilberto Are Trying to Communicate More Effectively with Each

question 58

Multiple Choice

Griselda and Gilberto are trying to communicate more effectively with each other when a problem arises.According to Notarius and Markman's five rules for enhancing intimate communication,which of the following is a technique they can use?

• A) focus only on the problem
• B) force each other to discuss the problem
• C) talk without taking a break until the problem is resolved
• D) identify the person who is at fault and hold them accountable

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Definitions:

Uncollectible Account

An account receivable that is considered to be uncollectible and is therefore written off as a loss.

Allowance Method

An accounting technique used to estimate and account for potential uncollectible accounts receivable.

Write-off

The accounting action of declaring that an asset or receivable value is reduced or eliminated, often due to uncollectibility or obsolescence.

Allowance for Doubtful Accounts

A contra-asset account used to estimate the amount of receivables that may not be collectible.