Answer:
True .
Explanation:
Business ethics tell us what is right and wrong, what is good and bad, what is fair and unfair. Business ethics are very important for any company. They help a company to improve there image in front of people. Business ethics is a part of society , business uses its resources ,so its become the moral value of business to do something for society.
Whenever a company do something good for society , then it improves its image in public .
Now a days, the consumer are become the king of the market, they organised powerful association when company do not fulfill there need.
If business do not work ethically then government also interfere . So to avoid government interference , to build good public image it is necessary for businessman to work ethically.
In economics, Logrolling is a trading of favors. Usually this is done in legislative members in which they trades to get the favor of the other members.
For example:
I am running for a certain position, In order to get the highest vote, I will talk to the other members to vote me in exchange to their favors.
Answer: intensive distribution
Explanation: In simple words, it refers to a marketing strategy under which a company offers its product through as many outlets as possible in the market so that customers can easily find their product when in need.
The core objective of implementing thus Strategy is to make customer satisfied regarding the availability. These strategy is implemented for the products that already have a strong customer base.
Hence from the above we can conclude that the correct option is B.
Answer:
The balance of allowance for doubtful accounts is $ 1,880
Explanation:
Computation of balance in Allowance for Bad Debts
Total credit sales $ 47 comma 000
Estimated bad debts as a % of sales 4 %
Balance of Allowance for Doubtful accounts $ 1,880
The balance is based on a % to credit sales basis. The bad debts expense for the year considers the balance in the allowance for doubtful accounts and the accounting entry is an adjustment amount.
