Answer:
d.The Allowance for Doubtful Accounts has a normal credit balance
Explanation:
Allowance for Doubtful Accounts is a contra asset account and it normally has a credit balance which is adjusted in the debit balance of account receivables. When a write off is recorded this account is debited to record the effect in this account. Under aging method nothing is done with this account, aging method calculates the value and record it. Normally this account has credit balance but sometimes it might have a debit balance when a write off greater than the account balance is recorded.
Can you translate what it says to 3nglidh?
Producers to supply more & consumers to buy less
Analysis or analyzing the data means to review or study the
data. One can use different statistical tools to analyze the data.
Drawing conclusion means to check or explain what the analysis
shows about the data and whether your data answer the question.
<span>For example, if one person uses the internet and you want to
check the internet speed is faster. The analysis is to identify the period of
fast and slow speed during 24 hours and drawing conclusion is that when you
recognize the internet speed is faster between 12 am to 4 am.</span>
The difference between the standard cost of a product and its actual cost is called a cost variance. Therefore the statement is true.
<h3>What is the objective of variance?</h3>
Changing across all of the pieces of information in a data set, variance is a measurement of distribution. It enables us to estimate how far away a set of factors are from each other.
To describe the variation or difference between the standard cost of a product and its actual cost the use of cost variance is done. It is utilized to estimate the financial performance of any project.
Therefore, the statement is True.
Learn more about Variance, here:
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