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Write an essay comparing and contrasting act utilitarianism with rule consequentialism. Define each theory, and then explain why rule consequentialism is often thought to provide a solution to the problem of injustice that faces act utilitarianism. What objection can be levelled against rule consequentialism? Which theory do you think is preferable?
Allowance Method
A technique in accounting used to estimate and anticipate bad debts (uncollectible accounts receivable) and adjust the books accordingly.
Allowance for Doubtful Accounts
A contra-asset account on a company's balance sheet that represents the estimated portion of accounts receivable that may not be collectible.
Allowance Method
An accounting technique that estimates and sets aside a portion of accounts receivable deemed uncollectible as an allowance for doubtful accounts.
Account Receivable
Money owed to a business by its customers for goods or services that have been delivered but not yet paid for.
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