The use of the allowance method is an attempt by accountants to match bad debts as an expense with the revenue of the period in which a sale on credit takes place

a. True
b. False
Indicate whether the statement is true or false

True

Business

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Money is automatically drawn from the buyer's account and deposited into the supplier's account in an electronic funds transfer (EFT)

Indicate whether the statement is true or false.

Business

________ is a process that businesses follow to generate value from their intellectual property and knowledge-based assets

A) Knowledge management B) Data warehousing C) Knowledge warehousing D) Direct warehousing

Business