Uncollectible accounts cannot be estimated because it is not possible to know which accounts will not be collected.

Name: Uncollectible accounts cannot be estimated because it is not possible to know which accounts will not be collected.
Brand: Quizplus
Rating: 4.7 (54 reviews)

Question

Quizplus · Accepted Answer

While uncollectible accounts cannot be guaranteed or predicted with 100% accuracy, it is possible to estimate based on past experience, industry trends, and other factors. Therefore, uncollectible accounts can be estimated, but not with complete certainty.

Uncollectible Accounts Cannot Be Estimated Because It Is Not Possible