Value Analysis Aims at Helping Students Think in an Organized

question 26

Multiple Choice

Value analysis aims at helping students think in an organized and logical manner about which of the following issues?

• A) The overall moral structure they possess
• B) How to make specific choices without taking into consideration the consequences of having a particular value
• C) The reasons they or others make their specific choices
• D) How to stand up for their values and not consider other people's values

Calculate bad debts expense and adjustments to the Allowance for Doubtful Accounts based on aging analysis.

Understand the impact of writing off an account on total assets and net accounts receivable.

Determine the balance in Allowance for Doubtful Accounts before and after adjustments.

Recognize how recovery of an account previously written off affects financial statements.