Dean Art Is a New Business

question 92

Multiple Choice

Dean Art is a new business.During its first year of operations,credit sales were $41,000 and collections of credit sales were $34,000.One account,$725,was written off.Management uses the aging-of-receivables method to account for bad debts expense and estimated $500 as uncollectible at year end.The ending balance of the Allowance for Bad Debts is ________.

• A)$505
• B)$1,230
• C)$1,225
• D)$500

Apply knowledge of communication competencies to enhance workplace dynamics and relationships.

Understand the role of context (high-context vs. low-context cultures) in communication patterns.

Understand the characteristics and challenges of wicked problems.

Identify different forms of social entrepreneurship and their purposes.

---

Definitions:

Outlier Jobs

Positions that significantly differ from other roles within an organization in terms of their job responsibilities, pay, or other factors.

Weighting The Factors

The process of assigning importance or value to different criteria or variables when making decisions or assessments.

Distributed Points

A method used for allocating resources or rewards across different options or recipients based on predefined criteria or contributions.

Job Evaluation System

A systematic process for determining the relative worth or value of a job in an organization to establish fair compensation levels.