I believe the correct answer is Hierarchical Authority
Wеbеr's thеοriеs, dеvеlοpеd at thе turn οf thе 20th cеntury, hеlpеd dеfinе thе еcοnοmic and pοlitical systеms еmеrging frοm thе highly cοncеntratеd authοrity οf hеrеditary rulеrs and thеir suppοrtеrs. Thеy dеfinеd many 20th-cеntury institutiοns. Pοwеr in burеaucraciеs is vеstеd in pοsitiοn, nοt pеrsοn, and authοrity travеls thrοugh thе lеvеls οf thе hiеrarchy basеd οn agrееd-upοn functiοns.
Imari Brown should choose $1,000 tax credit since it reduces her taxes by $1,000. Tax credit is a big help for her because it can also reduced her tax by $1000, it is a big saving to her since she still attending community college.
ANSWER: There are many ways how entrepreneurs benefit the economy. Few of them are
1) Create Jobs: Entrepreneurs create jobs in the community. When someone opens a new business or expands his new business, he will need human resource to help him to do his works.
2) Wealth Creation: Entrepreneurs pool in their own money and attract investment from lenders, banks and other investors. This mobilizes public wealth.
3) Exports: Entrepreneurs after growing in their businesses will want to export their products as a part of extending their market. This will help gain foreign currency in the country.
Answer:
(1) Recognition of revenue on account.
The accounting record a sale as usual.
(2) Collection of cash from accounts receivable.
The accounting records the accrued revenues as usual.
(3) Recognition of uncollectible accounts expense through a year-end adjusting entry.
Based on experience or other actors, the company considers a portion of their sales revenecue (or assets i nthe balance heet) to be ficticional.
(4) Write-off of uncollectible accounts.
The accouning simply decrease the acc receivalues and then, it proceeds with the credited agains the allowance.
Explanation:
