Is A retirement saving plan sponsored by an employer
Answer:
Adjusting entry Valli Company will make to record the bad debts expense:
Debit Bad Debts Expense $25,000
Credit Allowance for Doubtful Account $25,000
Explanation:
Valli Company uses the percentage of sales method for recording bad debts expense. Bad debts expense is calculated by using the following formula:
Bad Debts Expense = % Estimated Bad debts × Credit Sales
In Valli, Credit sales are $2,500,000 and % estimated is 1%.
Bad Debts Expense = 1% x $2,500,000 = $25,000
The adjusting entry to record the bad debts expense will be:
Debit Bad Debts Expense $25,000
Credit Allowance for Doubtful Account $25,000
I think the most appropriate answer would be D.
I hope it helped you!
Answer:risk control
Explanation:Risk control is a step in the hazard management process. It involves finding a way to neutralize or reduce an identified risk.
Risk control begins with a risk assessment to identify the presence and severity of workplace hazards. Employers must then implement the most effective controls available.
In order of effectiveness (from most effective to least), risk control methods include:
Elimination: removing the risk entirely
Substitution: swapping an item or work process for a safer one (for instance, switching to an industrial cleaner that poses fewer respiratory risks)
Engineering controls: modifications to the environment or equipment that poses the risk (such as installing mirrors in warehouses or machine guards on circular saws)
Administrative controls: modifications to the workflow or work process (for example, rotating employees through several different work tasks to prevent repetitive stress injuries)
Personal protective equipment: safety gear worn by the workers, such as hard hats, safety glasses, and chemical-resistant gloves
The FDA, but I don't know what the others are.
