Sanjay Is a Very Motivated Employee Who Typically Does Work

question 101

Multiple Choice

Sanjay is a very motivated employee who typically does work that is not part of his formal job responsibilities but which furthers the objectives of the organization.This is known as

• A)groupthink.
• B)organizational citizenship behaviour.
• C)diversity.
• D)individual differences.
• E)efficiency.

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Definitions:

Bad Debts Expense

Bad debts expense represents the loss that a company anticipates or realizes from customers who are unable to pay their outstanding balances.

Uncollectible Accounts

Refers to receivables that a business has determined are unlikely to be collected due to customer default.

Aging

A method used in accounting to categorize a company's accounts receivable according to the duration of time an invoice has been outstanding.

Allowance Account

An account used to reduce the carrying amount of accounts receivable or loans to their net realizable value, reflecting expected losses due to uncollectibility.