Answer:
The correct word for the blank space is: equity.
Explanation:
People expect the government to implement policies that will boost the overall economy and that will provide equal opportunities. Though, sometimes certain criteria must be met so those policies can apply. This causes people who are not eligible to access the policies' benefits to believing the regulation itself does not have an equity principle.
Answer:
Effect Corporate Change
Explanation:
Making formal statements, holding rites and rituals, utilizing employee training and coaching, demonstrating how a leader reacts to a crises, being a role model, and giving rewards, promotions, and bonuses are some of the teaching methods that organizations can utilize to effect corporate change. Change is one of the important and most difficult process for any organization. It needs to be carried out slowly as it has been manifested in the above given statement as well. Employees need to be given training, promotions, rewards and bonuses, they must be listened, their concerns should be addressed in order to make change process easy and smooth.
Answer:
Dr Bad Debt Expense 16,120
Cr Allowance for Uncollectible Accounts 16,120
Explanation:
Based on the information given we were told that the company provides services of the amount of $255,000 in which the cash collections on the accounts was the amount of $131,000 and 13% of accounts receivable will be uncollectible which means that the adjusting Journal entry for uncollectible accounts on December 31, 2021 will be :
Preparation of the adjusting Journal entry for uncollectible accounts on December 31, 2021.
December 31,2021
Dr Bad Debt Expense 16,120
Cr Allowance for Uncollectible Accounts 16,120
[($255,000-$131,000)*13%]
$124,000*13%
=$16,120
Answer:
faces exchange rate risk to the extent that it has international competitors in the domestic market.
Explanation:
Exchange rate risk is defined as the risk that exists when a company engaged in transactions that are denominated in a foreign currency rather than the domestic currency.
So if a purely domestic firm that sources and sells only domestically has international competitors in its local market, and the exchange rate is favouring the competitors there will be a risk for them.
For example if international competitors can source raw materials cheaper because of the exchange rate of a foreign country, it will be a disadvantage to local firms that cannot reduce their prices.
