3.An account becomes uncollectiblea. when multiple factors confirm that the account is uncollectible.b. upon receipt of a certified letter from the debtor.c. when the debtor fails to pay a note on the due date.d. at the end of the fiscal year.2.The receivable that is usually evidenced by a formal instrument of credit is a(n)a. income tax receivable.b. intangible receivable.c. note receivable.d. accounts receivable.1.The category of “Other Receivables” does not includea. officers and employees receivable.b. interest receivable.c. taxes receivable.d. trade receivables.
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