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xz_007 [3.2K]
2 years ago
10

The direct write-off method is not normally an acceptable method under GAAP because it fails to report _____.

Business
1 answer:
Oksi-84 [34.3K]2 years ago
8 0

Accounts receivable for their net realizable value

  • Net realizable value is calculated as full realizable amount minus allowance for doubtful debts.
  • GAAP (Generally accepted accounting principles)- It has the common set which is issued by the Financial Accounting Standard boards for accounting rules, standards & procedures.
  • Direct write-off method- It is an accounting method in which uncollectible accounts are written off as bad debt.

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If the total adult working population of Country X is 450 million, the number of unemployed people is 95 million, and the number
Lisa [10]

Answer:

Labor force participation rate = 75.55% (Approx)

Explanation:

Given:

Working population = 450 million

Unemployed people = 95 million

Number of employed people = 245 million

Find:

Labor force participation rate

Computation:

Total labor = 245 + 95 = 340 million

Labor force participation rate = [340 / 450]100

Labor force participation rate = 75.55% (Approx)

8 0
3 years ago
A company that rents bikes to students without any supporting business processes has likely implemented a ____________ competiti
valkas [14]

A company that rents bikes to students without any supporting business processes has likely implemented a differentiation competitive strategy.

<h3>What does "competitive strategy" mean?</h3>

A business uses a set of rules and practices known as a competitive strategy to acquire a competitive edge in the market. It is the procedure for choosing and carrying out steps that enable a corporation to strengthen its position in the market.

A company's competitive strategy is its long-term action plan, which is intended to provide it a competitive edge over its rivals after assessing their industry-specific strengths, weaknesses, opportunities, and threats in comparison to your own.

In essence, differentiation in business relates to the idea of distinguishing your business from the competitors by a particular feature, such your distribution system or pricing point.

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brainly.com/question/24851851

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6 0
2 years ago
If nicotine in cigarettes is highly addictive, why would it make economic sense for producers of cigarettes to offer free sample
makkiz [27]
If the nicotine cigarettes are highly addictive and they were to offer the free samples to young adults then it will make the people be highly addictive in the nicotine cigarettes and this will cause the economy in the producers to have a less demand in elasticity. If it has a less elasticity, then it will cause a large price change, affecting the consumed quantity by the consumers.
8 0
4 years ago
Read 2 more answers
Prepare entries in a job order cost system and job cost sheets.
Daniel [21]

Answer:

eraDXZ∂fvkm  ≈√≈∫˜µ ƒuktkktukdkuku

Explanation:

4 0
3 years ago
Which are options for filtering specific categories in a record? Check all that apply.
baherus [9]

Answer:

placing cursor on desired data and clicking "Filter by selection"

right-clicking and choosing "Sort A to Z"

Explanation:

The data can be filtered according to user requirements. There are several options to sort and filter data. The user can filter data according to different groups. He can sort the data according to ascending and descending.

8 0
3 years ago
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