Which Theory Is Based on Ideas from the Natural Sciences

question 12

Multiple Choice

Which theory is based on ideas from the natural sciences?

• A)Theory X/Theory Y
• B)Sociotechnical systems theory
• C)Open systems theory
• D)Bureaucracy theory

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Definitions:

Bad Debts Expense

Expenses linked to accounts receivable that a firm anticipates will not be collected.

Allowance Method

An accounting technique used to account for bad debts, which estimates uncollectible accounts receivable and creates a provision for them.

Accounts Receivable

Financial dues from customers to an organization for products or services that have been dispensed but not reimbursed.

Allowance for Doubtful Accounts

A contra asset account used to estimate the portion of a company's receivables that may not be collectible.