Accounting terminology Listed below are nine technical accounting terms emphasized in this chaequivalent Days sdoubtful accounts Accounts receivable turnover Uncollectible accounts expense Each of the following statements may (or may not) describe one of these technical terms. The department that determines customer credit and makes collection calls An estimate of the portion of year-end accounts receivable that ultimately will turn out to be uncollectible. Shows, on average, how long it takes to collect accounts receivable. Balance sheet valuation standard applicable to investments in marketable securities. Cash and assets convertible directly into known amounts of cash, such as marketable securities and receivables. A ratio, computed by dividing 365 days by average receivables, that indicates the liquidity of the receivables. Method of accounting for uncollectible receivables that fails to match revenues and expenses