The expense associated with the cost of uncollectible accounts receivable is known as bad debts expense

What is default risk?

A) A problem that arises when a firm runs short of cash. B) The risk of asset prices rising too high. C) The chance that the borrower will fail to repay a loan. D) The risk associated with longer-term contracts.

Consider this Scenario. A nonprofit wants a database to store its donations and its contributions to the community. They are hoping to create a website that will show people what services they offer

They want the ability for donors to make donations through the website. The donations will be recorded directly to the database. They also want clients in their area to be able to apply for assistance on-line. The clients would have to be in one of two zip codes. Their application would be stored in the database, but it would be manually reviewed before any grants were given. What business rules do you see in this scenario?