Professional organizations generally have a code of ethics that its members should follow/possess.
The code of ethics of a professional organization must be strictly followed and reinforced, as the organization’s reputation may be affected if its members will violate these rules. In some companies, violation of the code of ethics may result in a member’s disqualification from the organization, or at a much lesser degree, a minor sanction may be imposed.
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The answer to this question is: Invention
The romans civilization was known as the civilization that made the most inventions during that period.
One of their famous inventions is the development of wheels, that allow us to carry several objects that weigh several times heavier compared to our body weight.
Answer:
c.The result is based on either a percentage of sales or an analysis of receivables
Explanation:
Generally, companies will choose between two approaches under the allowance method.
Percentage of Sales: Using historical data, a company examines the relationship between sales and uncollectible accounts receivable. If there is a fairly stable relationship between the two, a company will use the historical Uncollectible Accounts / Credit Sales ratio to estimate the bad debts expense in the current period.
This method is sometimes referred to as the income statement approach.
Percentage of Accounts Receivable: Using historical data, a company examines the relationship between accounts receivable and uncollectible accounts. Companies will oftentimes increase the accuracy of these estimates by looking at their aging schedule for patterns, rather than using a composite (or total) of their receivables
This method is sometimes referred to as the balance sheet approach
I believe the answer is increase :)
