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Mekhanik [1.2K]
3 years ago
12

According to the concept of​ ________, decisions are made solely on the basis of their​ outcomes, ideally to provide the greates

t good for the greatest number.
Business
1 answer:
adell [148]3 years ago
6 0

Answer:

The correct answer is letter "A": utilitarianism.

Explanation:

Utilitarianism is a term used in philosophy, economics, and law. It is a moral concept that explains that individuals are constantly looking for maximizing pleasure while avoiding any kind of harm. <em>This theory states is based on the belief that the greatest should be given for the greatest amount of people.</em>  

British Economist John Stuart Mill (1806-1873) is one of the most relevant characters who promoted that idea.

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Castle Company provides estimates for its uncollectible accounts. The allowance for uncollectible accounts had a credit balance
Leni [432]

Answer:

Dr Bad debt expense 20,030

     Cr Allowance for doubtful accounts 20,030

Explanation:

first we must determine the net amount of bad debt under direct write off = $17,100 - $2,200 = $14,900

now the increase in the allowance account during 2021 = $22,410 - $17,280 = $5,130

The journal entries following allowance method:

bad debts written off:

Dr Allowance for doubtful accounts 17,100

     Cr Accounts receivable 17,100

bad debts recovered:

Dr Accounts receivable 2,200

     Cr Allowance for doubtful accounts 2,200

Dr Cash 2,200

     Cr Accounts receivable 2,200

Adjustments following allowance method:

recording bad debt expenses (net amount of bad debt + increase in allowance for bad debt account = $14,900 + $5,130)

Dr Bad debt expense 20,030

     Cr Allowance for doubtful accounts 20,030

Now we can check:

$17,280 (beginning balance) - $17,100 write offs + $2,200 recoveries + $20,030 bad debt expense = $22,410 which is the ending balance of allowance for doubtful accounts

5 0
3 years ago
Classify the type of data analytics ​(descriptive, diagnostic,​ predictive, prescriptive, or adaptive and​ autonomous) being use
olga2289 [7]

Based on the definitions of these data analytic types, the following are true:

  • a. Descriptive analysis
  • b. Descriptive analysis
  • c. Prescriptive analysis
  • d. Diagnostic analysis
  • e. Predictive analysis
  • f. Diagnostic Analysis
  • g. Adaptive and Autonomous analysis

Descriptive analysis works by showing an overview of the current situation in the company and so would work well for McGowan Company and Zerrot Corporation.

Prescriptive analysis offers solutions to help a company achieve a goal and so is best to describe Wheelson Company.

Diagnostic analysis allows for a company to find out what the real problem is in a situation so describes Courtyard Freight and Johnson Stores.

Predictive is used to predict future scenarios and so describes Medavoy Operations forecasting.

Adaptive and Autonomous use machine learning and artificial intelligence so this describes Michelson Corporation.

In conclusion, there are different types of data analytics that can be used.

Find out more about data analysis at brainly.com/question/25782746.

6 0
2 years ago
holton is the manager at a small restaurant. What can he do to ensure the workplace offers a safe environment for employees?
Bogdan [553]
A safe environment includes the safety of workers doing there jobs and could be to protect them if something bad occurred. In a restaurant, have a first aid kit, have an eyelash station if chemicals are used to clean, have a list of all important phone numbers available, depending on the neighborhood; a panic button to alert police, a system to ensure employees are safe in the parking lot; to and from work, have the workers in the kitchen wear non slip shoes, tie hair back, there are so many things that need to be considered.
5 0
3 years ago
Read 2 more answers
If redbox is successful at attracting customers to a location, then mcdonald's could possibly realize
ahrayia [7]
<span>Fast food locations would most likely have good success with deploying Redbox booths at their locations. Consumers are always looking for a more convenient location to return or pick up their movies as well as feed themselves.</span>
5 0
3 years ago
An agent sells his client 10 U.S. government bonds due to mature in 30 years. According to NASAA's Statement of Policy on Unethi
Artemon [7]

Answer:

The bonds are guaranteed as to principal and interest payments by the US government.

Explanation:

According to NASAA's Statement of Policy on Unethical or Dishonest Business Practices of Broker-Dealers and Agents, a broker can say US government bonds are guaranteed on principal and interest payments.

However if inflation sets in and interest rates rises there is no guarantee from the government that interest paid on the bonds will match the higher interest rate.

So legally this statement is correct, even though the investor can lose money as a result of higher interest rate in the future.

4 0
2 years ago
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