Part 1. The problem with the manager asking for an adjustment of the bad debt loss to meet the desired bonus is that it is <u>unethical</u>.
<h3>What is ethical accounting?</h3>
Ethical accounting follows the specific rules of the accounting profession and not the personal biases of management.
Accounting ethics deals with the following principles:
- Integrity
- Objectivity
- Professionalism,
- Confidentiality
- Professional competence and due care.
Part 2. The amount that would be recorded as the bad debt expense is $10,560
<h3>Data and Calculations:</h3>
2% of $33,000 = $660
5% of $14,000 = $700
10% of $22,000 = $2,200
25% of $12,000 = $3,000
40% of $10,000 = $4,000
Total $10,560
Part 3. The bad debt expense for the year would be $10,560 if there were no previous balance of the allowance for doubtful accounts.
Part 4. Since the required information is lacking, we can conclude that it is unethical behavior if the bad debt expense must be adjusted to meet the desired bonus target.
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A project manager is conducting a new analysis of the work project length in the schedule. She is utilizing a method that addresses the interaction between activities rather than scheduling flexibility.
The term "flexibility" or "limberness" describes the anatomical range of motion in a joint or group of joints as well as the length of the muscles that cross the joints to produce bending motions. Individuals differ in schedule terms of flexibility, notably in terms of variations in the length of multi-joint muscles. She is utilizing a method that addresses the interaction between activities rather than scheduling flexibility. Stretching is a typical workout component to maintain or develop schedule flexibility. Exercise can increase flexibility in some joints to a certain extent.
To fully extend a joint's range of motion is referred to as dynamic flexibility. Energy is released at the right time, causing the muscles to contract.
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There are different kinds of projects. The first step to take with Shirly is to;
- You meet with Shirley to confirm the requirements, then draft a release plan with your development team. You review the plan in detail with her management team to confirm their understanding and support.
<h3>What is Project management?</h3>
This is known to be a form of application of different processes, methods, skills, knowledge, etc. so as to be able to achieve any kind of project objectives that one is undertaking and also based the project acceptance criteria within the set parameters.
Project management is known to consist of some final deliverables that are hindered to a kind of timescale and budget.
See options below
A) You meet with Shirley to confirm the requirements, then draft a release plan with your development team. You review the plan in detail with her management team to confirm their understanding and support.
B) Before starting release planning you ask Shirley to help identify everybody with an interest in this project. She reminds you that as the product owner she will provide any direction you need, but reluctantly agrees to the meeting.
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A. Early Childhood Development.