The answer is ensuring that risks are reasonable in relationship to anticipated benefits
When the principle of beneficence is applied to a study involving human subjects it is important to safeguard subjects in the experiment. No matter how important the anticipated benefits may be, the risks have to be reasonable to protect the people involved.
I was awakened by a loud noise one night. I, Heather Greene, remained quiet for what seemed like forever trying to wrap my head around what could have made such a din. I couldn’t bring myself to go back to bed after hearing such a noise so I put on my house shoes, picked up my baseball bat and slowly headed towards the door.
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
