Classmates‚ According to (Oster‚ 2014)‚ "Percentage of receivables and percentage of sales are two accounting allowance methods used to reconcile customer accounts deemed noncollectable. When allowed by generally accepted accounting principles (GAAP)‚ these two strategies are preferred over direct write-off of bad debt expenses. Percentage of receivables and percentage of sales provide a business with the ability to accurately estimate the expected bad debt losses they will have in each succeeding
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The Weaknesses and Strengths of Common Sense and Science as Sources of Knowledge There are many sources of knowledge as the society progresses. In this case‚ the most controversial question would be whether or not common sense can be accounted as a reliable source of knowledge? Although both common sense and science can be taken into account as sources of knowledge‚ I will argue that to some extent common sense and scientific knowledge are still very different from one another. That is‚ scientific
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PRINCIPLE OF MANAGEMENT Management defined Perceptive of Managers: There are many definitions of management but most perceptive managers are convinced that it is an organized effort of people whose purpose is to achieve the objectives and goals of an organization. Of course‚ it is not that simple. To gain a better understanding of management‚ let’s review the ideas and views expressed by academicians and practitioners. Management as a “Process”: McFarland defines management as “A process by which
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The ability to apply appropriate accounting theories to the context of the task | The ability to synthesise information into a coherent and engaging report | The ability to correctly acknowledge sources using the Harvard Referencing system | Score | | 8 marks | 6 marks | 6 marks | 6 marks | 4 marks | | 4- AccomplishedHigh Distinction | * Materials referred to are relevant * References are drawn from a wide variety sources * References support the arguments presented * Research
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Sources of Power Power is very important in any organization whether it’s in the public or private sector. A person’s title or position determines the level of power they have to change policies and/or organizational structures. The ability to convince others‚ to lead others to your own conclusion‚ to use logic and facts to make people believe you are right. Power is a possessive word that possesses authority above others. The author of 5 Sources of Power in an Organization by Paul Merchant states…five
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Southside High School Facilitator: Henrietta Jones 2.05 Can This Evidence Be Individualized? Evidence 1: A piece of torn clothing was found at a crime scene. A torn t-shirt was found in one of the suspect’s car. 1. Can the torn clothing from the crime scene be individualized to the t-shirt found in the car? Why or why not? Yes. Because it could be individual evidence small glass fragments large glass fragment Evidence 2: Small pieces of glass were found in a suspect’s shirt pocket
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Valentina Vilkova‚ a senior scientific researcher at the Centre for Political and Economic History of Russia of the Independent Russian institute is an integral documental presentation of the power struggle in Russia from 1923-1924. It aims to enrich source material with these new documents unknown in Russia to allow for certain corrections of historical concepts in that period. The value of this book lies in how Vilkova uses recently uncovered archival materials from the 1923-1924 period in Russia
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Digital Evidence Darlene Sampson Digital Evidence January 8‚ 2012 Abstract This paper will help explain the basic understanding of computer forensics. I will also identify five areas in computers and computer application a forensic investigator can look for digital evidence. I will identify three types of criminal investigations that can utilize the services of computer forensic investigators. This paper will help with the understanding of computer forensics. Digital Evidence What
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Week 3 Determining Databases and Data CommunicationsBIS 320 Week 3 Determining Databases and Data CommunicationsScenario 1: If I were a marketing assistant for a consumer electronic company and I had to set-up my company’s booth at the tradeshow. I would be need to be extremely detailed in packing up equipment and components. The cost of this technology is extremely expensive and it is my responsibility and my job on the line. When technology companies do tradeshows there are a wide variety of equipment
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function? • How are bad debts accounted for under the direct write-off method? What are the disadvantages of this method? • Pendergrass Company hires an accounting intern who says that intangible assets should always be amortized over their legal lives. Is the intern correct? Explain. • What are the basic issues related to accounting for intangible assets? • Why would you select the percentage of sales method for calculating doubtful accounts instead of the percentage of receivables method
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