The expense associated with the cost of uncollectible accounts receivable is called bad debts expense.

Name: The expense associated with the cost of uncollectible accounts receivable is called bad debts expense.
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The statement is correct. Bad debts expense is the expense associated with accounts receivable that are not collected and is recorded to reflect the company's estimated loss due to non-payment by customers.

The Expense Associated with the Cost of Uncollectible Accounts Receivable