Answer:
A. Churning
Explanation:
Employee Churning is also known as employee turn-over which is an act of laying off employees while recruiting new ones. It is a measure always taken to conserve a company's limited resources. The turnover rate is given as the percentage of employees being laid off or leaving workers over a period of time. There are a lot of factors contributing to churning such as downsizing through attrition either due to recession or scarcity of company's resources.
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Answer:
account receivables 600 debit
allowance for doubful account 600 credit
--to revert the write-off--
cash 600 debit
account receivables 600 credit
--to record the payment from Acme Inc--
Explanation:
The company will revert the write-off of Acme. Inc account and then record a collection as usual
We use the allowance account as previously the company did as follows:
allowance for doubful account 1,200 debit
account receivables 1,200 credit
to write-off the account.
We reverse this by the amount paid by Acme which is 600
Then, we record receiving the cash (debit) and decreasing the account receivable (credit)
Definition of discretionary expenses : The cost that does not essential for your daily life operation or business
Example of discretionary expenses :
- I may buy paint to give color for my toenails
- A business hire some entertainers for its employees to gain their goodwill
Answer:
taxing those with higher incomes results in less work effort.
Explanation:
In normative ethics, utilitarian ethics (utilitarianism) can be defined as a theory of morality or ethical theory that typically involves engaging in actions that facilitate pleasure, joy or happiness while completely opposing any action capable of causing harm and unhappiness.
Basically, utilitarian ethics considers an action to be right or morally correct if it produces genuine happiness or joy in the mind of a large number of people in an organization, group or society.
The three (3) main principles (axioms) of utilitarian ethics (utilitarianism) include the following;
I. The only thing with an intrinsic value is pleasure or happiness.
II. If an action promotes happiness or pleasure, then it is right; it is wrong if it causes harm or unhappiness (sadness).
III. The happiness of everyone in a group or society should count equally.
One of the problems associated with the utilitarianism is that it does not recognize that taxing those with higher incomes results in less work effort.