1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
inysia [295]
3 years ago
15

Bad Debt Expense is considered __________.a. an avoidable cost in doing business on a credit basis. b. an internal control weakn

ess. c. a necessary risk of doing business on a credit basis. d. avoidable unless there is a recession.
Business
1 answer:
horsena [70]3 years ago
4 0

Answer:

c. a necessary risk of doing business on a credit basis.

Explanation:

Bad debt is an amount that is owed to a creditor , which will not be paid back . Bad debt expense could be as a result of company who took a loan and is not able to pay back due to bankruptcy.

Before bad debt expense occur in a business, management often make provisions for such debt. Provision for bad debt expense is an amount set aside to cushion the effect of debts that are likely not to be paid back.

It therefore means that bad debt expense is a necessary risk of doing on a credit basis.

You might be interested in
Based on the following information, what is the balance on the financial account? Exports of goods and services = $5 billion Imp
Olegator [25]

Answer:

3 billion

Explanation:

the financial account will be the cash inflow less the cash outflow:

Increase in foreign holdings of assets in the United States = $4 billion Increase in U.S. holdings of assets in foreign countries = -$1 billion

4 billion of dollar enter the US from aboard while 1 billion left the country with destination aboard in total the financial account will be:

4 billion - 1 billion = 3 billion

4 0
3 years ago
David wants to buy a pizza and go to the movies. However, he only has enough money to do one or the other. In order to decide wh
lyudmila [28]

I would go to the movies if it was up to me.

4 0
3 years ago
Read 2 more answers
To be successful, what must an entrepreneur be willing to invest? Check all that apply. money unemployment personal safety time
kotegsom [21]

The correct answer is 1, 4, 5.

1. Money.

4. Time.

5. Considerable effort.

Successful entrepreneur is termed as the right attitude towards business and grit to achieve success and also self determination.

A successful entrepreneur has a healthy opinion and sense to self confidence to abilities and skills.

The most important trait for an entrepreneur to be successful is self discipline.

3 0
3 years ago
Read 2 more answers
Business communication
KATRIN_1 [288]

Answer:

We do this so that people can see your business and how it is

7 0
2 years ago
Eddie was known for driving 30 miles just to save a dollar on the price of his favorite beverage. Eddie perceived price as _____
Inessa [10]

Answer:

Here answer to the first fill in the blank is money paid and answer for the second fill in the blank is overall sacrifice.

Explanation:

Here Eddie has perceived price as money paid for the purchase of his favorite beverage, he is ready to drive 30 miles for this beverage , just because he is saving a dollar on it, so from the Eddie's point view , driving 30 miles to get the beverage is worth it . But as per the most of the customers , Eddie is making an overall sacrifice by driving 30 miles to get the beverage , just because he is saving dollar on it, so from the most customers point of view , driving 30 miles is not worth it and a lot of sacrifice is being made.

7 0
3 years ago
Other questions:
  • Night Shades Inc. (NSI) manufactures biotech sunglasses. The variable materials cost is $18.50 per unit, and the variable labor
    8·1 answer
  • Is a measure of the extent to which a system achieves its goals
    10·1 answer
  • Amanda can choose between two alternatives after high school. She can either attend a university or work at her father's grocery
    12·1 answer
  • Ace Corp., a company based in New York, uses the delivery services of Red Source Inc. to ship machinery to a customer located in
    8·1 answer
  • KeyLine, Inc., engages primarily in the manufacture of touch-sensitive LCD monitors. The company prices its products so that it
    8·1 answer
  • In this assignment, you will develop a more personalized understanding of the Balanced Scorecard concept and see how your vision
    8·1 answer
  • What would happen to the body if the body temperature continue to decrease during the 10th hour instead of leveling off
    5·1 answer
  • Frictional unemployment is inevitable because: Please choose the correct answer from the following choices, and then select the
    5·1 answer
  • Danahy Corporation manufactures a single product. The following data pertain to the company's operations over the last two years
    8·1 answer
  • Which audits or typically used as part of process management to help identify any areas where improvements often minor can be ma
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!