The statement that the percent sales method for estimating bad debts for a company, will only use those balances in the income statement is False.
<h3>What is the percent of sales method?</h3>
The percent of sales method is one of the methods that companies can use to estimate the bad debts that it expects in a given period. Bad debts refer to those Account Receivables that will not pay the company back even after they have taken goods or services on credit. In order to be able to use the percent of sales method, the sales of a company need to be known.
The sales that a company makes includes both the sales that the company made and the accounts receivable. The Accounts Receivables go to the Balance Sheet and Sales go to the Income Statement. This means that the Balance Sheet balances are used as well as Income Statement balances and not just the latter.
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Answer:
Structural frame
Explanation:
Structural frame of an organisation is how the systems are structured including goals, technology, roles of different staff, and relationships. All other frames are dependent on the structural frame, the manager should make sure it achieves the business goals efficiency.
The four frame business model is made up of: structural frame, human resource frame, political frame, and symbolic frame.
One major difference between low-income children who participated in the high-scope preschool project and those that did not participate was that at the age of 27 years, <u>those who practiced were more likely to be married and own their house</u>.
The Perry Preschool project set up the lasting human and economic price of early life schooling and caused the establishment of the HighScope education studies foundation and one of the first early formative years applications in the u.s. intentionally designed to increase faculty fulfillment for preschool.
Outcomes of the Perry Preschool program consist of: better school fulfillment; extended excessive college graduation prices amongst women; higher employment charges; better profits; and notably decrease crime fees. There were no lasting profits on checks of intellectual performance (IQ exams).
The HighScope educational research foundation research strategies for early formative years of education are primarily based on the methods of the 1962 Perry Preschool observation. It was founded in 1970 with the aid of psychologist David Weikart.
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Answer:
e. Working to ensure that all variances are favorable.
Explanation:
the steps in effective management of variance analysis
Identifying questions and their explanations
Preparing standard cost performance reports
Taking corrective and strategic actions
Computing and analyzing variances
So the option is E.
Working to ensure that all variances are favorable.
Operational Planning
Writing employee schedules and a list of things to do for the chef and other kitchen staff are the part of operational planning. Operational planning is the procedure of preparation of strategic goals of an organization. The operation plan gives the strategies of resource allocation to achieve goals. Therefore, writing the employee schedules and the things kitchen staff should be a part of operational planning.
