Allowance method of accounting for bad debts
.
Option - B
<u>Explanation:
</u>
The financial accounting term payments method refers to a system that is unplayable and records a bad debt expenditure estimate in the same period of accounting as the purchase. The deduction is used to adjust the cash flow accounts receivable.
The payment method is a better solution to the direct payment method because it is in line with the matching accounting theory.
Bad debts expenses are recognized soon since bad debts are likely and can be estimated to a fairly precise degree so that they meet the criteria necessary to recognize predicated losses and recognize the costs of bad debts.
Im pretty sure its 2) Fixtures
Sorry if its wrong
The correct answer is Slowly dropped.
<h3>What is the life cycle of the risk management process?</h3>
- The risk management process, which consists of these five fundamental components, is used to manage risk. Starting with risk identification, it moves on to risk analysis, prioritization, solution implementation, and risk monitoring.
- Operational risk is the danger of suffering losses as a result of poor or ineffective procedures, rules, plans, or circumstances that interfere with business operations.
- Risk is the stage where loss or harm occurs due to a lack of correct information, expertise, or experience. This stage can be controlled by using proper Risk management approaches throughout the project life cycle.
The chances of a risk event occurring as a project proceeds through its life cycle tend to:
The correct answer is Slowly dropped.
To learn more about risk management, refer to:
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Answer:
ROE - 20.8%
ROA - 9.88%
RNOA - 20.33%
Explanation:
ROE = Net income / Average shareholder equity
Average shareholder equity = 48,633 + 46,878 / 2 = 47,770.50
ROE = 9,938 / 47,770.50
ROE = 20.8%
ROA = Net Income / Average Total Assets
Average total assets = 110,903 + 90,266 / 2 = 100,584.50
ROA = 9,938 / 100,584.50
ROA = 9.88%
RNOA = NOPAT / Average net Operating Assets
Average net Operating Assets = 56,535 + 51,447 / 2 = 53,991
NOPAT = Net Operating income before tax - Tax expense
NOPAT = 13,871 - 2,896 = 10,975
RNOA = 10,975 / 53,991
RNOA = 20.33%