1.What is difference between entering estimated bad debts and entering periodic write-offs?

	Estimated Bad debts are entered on a temporary data store, while Write-offs are entered on a GL account
	Entering write-offs leads to the generation of a bad debts journal voucher, while entering estimated bad debts leads to the generation of a write-off journal voucher
	Entering Write-offs refers to definitely worthless debts, while estimated bad debts are a recurring adjusted entry
	Estimated Bad debts are identified through the customer account management process, while entering periodic write-offs is done when journalizing

2.

John is talking to Jane, and John says: My goal in this company is to make funds available so the organization can acquire assets, make investments, or reduce debt and interest charges when needed.

What would John's role be in the organization?

	John is the controller
	John is the VP of Finance
	John is the cashier
	John is the Treasurer

3.

Jane has a company that sells beauty products. She has suppliers all over Canada, and one of the suppliers I produces makeup that Jane sells. The supplier carries different quantities of their makeup, and availability varies by season. Jane has a contract with this suppliers where she is able to send constant orders, but those are not always fully fulfilled, so offer only partial shipments are produced. The best billing method between Jane and this supplier is:

	Paper Billing
	Lockbox
	Pre-billing
	Post-billing