Using the Balance-Sheet Approach to Estimate Uncollectibles, Accounts That Are

Multiple Choice

Using the balance-sheet approach to estimate uncollectibles, accounts that are 90 days old are:

A) more likely to be collected than accounts 30 days old.
B) equally likely to be collected as accounts 360 days old.
C) less likely to be collected than accounts 30 days old.
D) less likely to be collected than accounts 360 days old.