A Memo Is an Example of

question 12

Multiple Choice

A memo is an example of

• A)verbal communication.
• B)direct communication.
• C)nonverbal communication.
• D)written communication.

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Definitions:

Doubtful Accounts

Accounts receivable that a company believes might not be collected due to credit risk.

Allowance Method

An accounting technique used to estimate and anticipate uncollectible accounts receivable and bad debts.

Reinstated Account

An account previously closed or inactivated that has been restored to active status.

Uncollectible Receivables

Debts that are deemed unrecoverable by a company after exhaustive attempts to collect them, often written off as an expense.