Answer:
B. Accounts Receivable
Explanation:
In the allowance method of accounting for uncollectible receivables the Uncollectible Accounts Expense is recognice against Allowance for Doubtful Accounts in advance to a customer's account became uncollectible acording to different variables. This is done at the closer of the financial period, like it follows: Uncollectible Accounts Expense(Debit) - Allowance for Doubtful Accounts (Credit).
Then, when a customer's account became uncollectible the Uncollectible Accounts Expense is already recognise, so you write off the customer's account agaisnt the Allowance for Doubtful Accounts like it followws: Allowance for Doubtful Accounts (Debit) - Accounts Receivable (Credit).
Therefore the general ledger account credited to write off a customer's account as uncollectible is Accounts Receivable
Answer:
Escalation rules
Explanation:
Escalation rules are provisions in a software that allows it to reroute a case that meets certain criteria such as number of hours it stays open and unresolved.
Escalation rules are used on software Salesforce CRM package to escalate cases that need attention.
In the given instance where the Vandelay Industries' VP of support wants an automated way to notify the support team when an unresolved case has been open for over six hours, escalation rules can be used to alert support managers.
Measure probability and severity
Answer:
1. Bad credit
2. Over the limit fee
3. Late payment fee
Explanation:
1. Bad credit is a situation where a borrower fails to repay his bills on time. This can have an effect on his credit score, thus resulting in a bad credit score and the inability of lenders to lend money. This explains John's situation because he fails to pay on time.
2. Over the limit fee is charged when a person's balance exceeds his credit limit and this can result in a decline of transaction. Susan has apparently exceeded her limit and her transaction might be declined or the balance might be deducted when she pays the fee.
3. Late payment fee is charged when a person fails to complete his payment on the due date. Interest is being charged after the purchase which he pays at a later time because he failed to read the conditions of the credit card offer.
Answer:
Continuous innovation
Explanation:
When products can undergo changes without the consumer learning new behaviours, it is called continuous innovation.
On the other hand discontinuous innovation is also called disruptive innovation, and involves consumers learning new skills when using the product.
An example of continuous innovation is in the television industry where revision sets have been upgraded from black and white to coloured, flat screen sets, and so on.
