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2 years ago

Why is participation in local organizations twice as high in the united states as it is in europe?

1 answer:

4 0

There is participation in local organizations twice as high in the united states as it is in Europe because there is more local control over policy in the United States than in Europe.

<h3>What is local control in the United States government?</h3>

Local control is used to make its own rules and regulations to maintain the legal powers of local governments from the state government.

State and local governments enact laws and regulations that define how economic activity takes place in the United States.
The United States decision about infrastructure, education, and many other areas are made by the state and local governments which makes the entire economy build the capacity to run longer.
Decisions made by the Policymakers about how to allocate resources to various sectors like education, transportation, or other public goods are crucial to the United States economy.

To learn more about Local Government of United States, refer to:

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It is one of the effective method that is typically introduced to overcome all the disadvantages of the traditional interview method. The main benefit of the structured interview is that it is one of the fastest way for comparing the performance of the candidate.

According to the given question, Sonja prepared the questions for the interview based on the given description of the job and this planning process is known as the structured interview.

Therefore, Structured interview is the correct answer.

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Matthews Company uses the percentage-of-sales method to estimate the Allowance for Doubtful Accounts. Before adjustment, the All

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The amount of the adjusting journal entry at year-end for Matthews Company, which uses the percentage-of-sales method to estimate its Allowance for Doubtful Accounts is $9,750.

<h3>What is the percentage-of-sales method?</h3>

The percentage-of-sales method is one of the methods for estimating the Allowance for Doubtful Accounts.

This method uses a predetermined percentage that is applied on the Net Credit Sales to determine the amount of the Allowance for Doubtful Accounts for the period.

<h3>Data and Calculations:</h3>

Debit balance of Allowance for Doubtful Accounts = $2,500

Net Credit Sales = $725,000

Uncollectible estimate = 1% of net credit sales

= $7,250 ($725,000 x 1%)

Bad Debts Expense $9,750 Allowance for Doubtful Accounts $9,750 ($2,500 + $7,250)

Thus, the amount of the adjusting journal entry at year-end for Matthews Company, which uses the percentage-of-sales method to estimate its Allowance for Doubtful Accounts is $9,750.

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