Q37: Which statement best explains Bad debt? | UPSC EPFO APFC 2026

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Which statement best explains Bad debt?

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Question ID #27325

Which statement best explains Bad debt?

Correct Answer: B. Receivable considered irrecoverable

Question: Which statement best explains Bad debt?

A. Book of original entry in which transactions are first recorded chronologically

B. Receivable considered irrecoverable

C. Depreciation method charging an equal amount each year, subject to residual value

D. Inventory remaining unsold at the end of an accounting period

Correct Answer: B. Receivable considered irrecoverable

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Which statement best explains Bad debt? - MCQ Explanation

This question is useful for exam preparation because it provides direct multiple-choice practice with options, answer checking and explanation.

Correct answer: B. Receivable considered irrecoverable