A company uses the allowance method to account for uncollectible accounts. During the year, the company has actual bad debts of $25,000. Record the write-off of the uncollectible accounts.
What will be an ideal response?
| Allowance for Uncollectible Accounts | 25,000 | ? |
| Accounts Receivable | ? | 25,000 |
Business
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Passwords, biometrics, and digital signatures are examples of which of the following?
a. physical controls b. segregation of duties c. authorization controls d. checks on performance
Business
A method that assigns relative weights to the selection criteria and selects supplier with the maximum total score is the ______.
a. optimization method b. factor rating method c. analytic hierarchy process (AHP) d. sourcing algorithm
Business
Which of the following layers is part of a transportation model?
a. Sources b. Destinations c. Both a and b d. Neither a nor b
Business
Transportation and warehousing are examples of logistics activities
Indicate whether the statement is true or false.
Business