The expense recognition (matching) principle, as applied to bad debts, requires:

multiple choice

a)that expenses be ignored if their effect on the financial statements is unimportant to users' business decisions.

b)the use of the direct write-off method for bad debts.

c)the use of the allowance method of accounting for bad debts.

d)that bad debts be disclosed in the financial statements.

e)that bad debts not be written off.

:; )write a paragraph of two to three sentences and describe what will happen to a society that does not have a productive workforce?

Which of the following is likely not a benefit of requiring a grand jury to listen to and examine all of the evidence against a person suspected of committing a serious crime and then independently deciding whether or not to hand down an indictment? 1.the grand jury system provides the accused another safeguard against being sent to trial and facing conviction based on flawed evidence. 2.the members of the grand jury are drawn from the community and are empowered to render independent decisions about whether or not the government has collected enough evidence to bring an individual to trial. 3.the grand jury’s decision can provide prosecutors insight into what is necessary to build a sufficient case if a similar crime is presented later. 4.the grand jury is impaneled to rubber-stamp prosecutors’ cases, which makes it possible for more cases to reach trial.

What should a potential employee consider before agreeing to a contract? a. salary b. benefits c. pension d. all of the above