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The Percent-Of-Sales Method Calculates Bad Debts Expense as a Percentage

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The percent-of-sales method calculates bad debts expense as a percentage of net credit sales.


Definitions:

Job Enrichment

Increases job depth by adding work planning and evaluating duties normally performed by the supervisor.

Job Rotation

Increases task variety by periodically shifting workers between jobs involving different tasks.

Job Simplification

Involves employing people in clearly defined and very specialized tasks.

Assembly-Line

A manufacturing process in which parts are added to a product in a sequential manner to create a finished product much faster.

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