Which of the Following Statements Best Describes Bureaucracy

question 48

Multiple Choice

Which of the following statements best describes bureaucracy?

• A) A bureaucracy is a large organization, structured hierarchically, that carries out specific functions.
• B) The bureaucracies work in a cyclical fashion with Congress to create and implement laws.
• C) Public bureaucracies serve the federal government.
• D) All public bureaucracies report to the president and operate under direction from his office.
• E) State bureaucracies provide financial assistance to the national bureaucracy.

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Definitions:

Allowance for Doubtful Accounts

An accounting provision made for accounts receivable that may not be collectable.

Accounts Receivable

Funds that a company's clients have not yet paid for products or services that have already been provided to them.

Allowance Method

An accounting technique that estimates and sets aside a portion of a company's receivables as uncollectable, acknowledging potential credit losses.

Uncollectible Account Receivable

An uncollectible account receivable is a debt owed to a company that it is unable to collect, typically leading to its classification as a bad debt expense.