What Did David Johnson Say the Government Did When It

question 7

Multiple Choice

What did David Johnson say the government did when it needed more police or investigative efforts?

• A) The government would use the existing agencies and give them new assignments and additional funding.
• B) David Johnson believes that the agencies "evolved" with new mission statements, and their evolution sort of modeled scientific theories of evolution.
• C) It was haphazard with federal agencies creating a police force only when it became abundantly clear one was needed.
• D) An investigative task force with no funding or staff would be created and placed under the responsibility of a larger agency and would later be closed once it outlived its usefulness.

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Definitions:

Allowance for Doubtful Accounts

A contra-asset account that represents the amount of accounts receivable a company does not expect to collect.

Accounts Receivable

The money owed to a business by its customers for goods or services that have been delivered or sold but not yet paid for.

Allowance Method

An accounting technique used to account for bad debts, estimating uncollectible accounts as an expense to the income statement and reducing accounts receivable on the balance sheet.

Allowance Method

An accounting technique used to estimate and account for bad debts by establishing an allowance for doubtful accounts.