<span>As of June 30, 2013, Great Adventures finishes its first 12 months of operations. If Suzie wants to prepare financial statements, part of the process would involve allowing for uncollectible accounts receivable</span>
Answer:
Yes, common and operational expenses.
The effect on financial statement would be dynamic, as some figures would fluctuate based on volume
Explanation:
A flexible budget is very much adjustable based on the level of production activity. Hence this will also reflect on the financial statement, if management takes this approach
I would probably urge him to engage in guerrilla warfare to be more successful in his military campaigns against the American troops and to fortify his new town Prophetstown to be better prepared against attack by American forces .
