Answer: Obey the preferred laws.
Explanation:
A socially responsible company has to be aware of both profit making and adding value to the society they are found in. Therefore a socially responsible company does not need to be Selective to the laws they obey, but rather obey all laws that cover the scope of their business in the society.
Answer:
Under the allowance method writing of uncollectible account will only affect Balance sheet accounts
Explanation:
Uncollectibles when write of under allowance method will create reduce account receivable one side and also results in reduction of allowance for receivable on other side created previously, thus having impact only on balance sheet:
Entry will be:
Dr: Allowance for Doubtful Debts (Balance Sheet Item)
Cr: Account Receivable (Balance Sheet Item)
Answer:
Exposure Bias
Explanation:
Basically, exposure bias states that consumer are more likely to buy brands which have higher brand recognition than new companies with no name recognition.
