When the allowance method of recognizing bad debt expense is used, the entries at the time of collection of a small account previously written off would
a. increase net income.
b. increase the allowance for doubtful accounts.
c. decrease net income.
d. decrease the allowance for doubtful accounts.
B
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Who will write the marketing plan in a small sized, start-up firm?
A) the chief executive officer B) the retail outlet manager C) the brand manager D) the product manager
Which of the following statements about quality costs is true?
A) A low level of internal failure costs usually indicates that more attention needs to be paid to prevention and appraisal costs. B) A low level of external failure costs usually indicates that more attention needs to be paid to appraisal and internal failure costs. C) A high level of internal failure costs usually indicates that more attention needs to be paid to prevention and appraisal costs. D) A high level of appraisal costs usually indicates that more attention needs to be paid to external failure costs.
A donee beneficiary:
a. is not entitled to enforce a contract against either party. b. usually does not give consideration in return for the gift. c. will generally become a creditor beneficiary after his or her rights vest. d. is an incidental beneficiary.
Metadata provides details about data. For example, metadata for an image could include its size, resolution, and date created.
Answer the following statement true (T) or false (F)