Product warranties, effects of environmental problems, and lawsuits are examples of transactions or events that give rise to Contingency.
<h3><u>
What is Contingency?</u></h3>
- A contingency is the potential possibility of a bad event, such as a pandemic, economic downturn, natural disaster, fraud, or terrorist attack. The coronavirus outbreak that struck businesses in 2020 made many employees reliant on remote work.
- Companies had to adopt a remote work strategy as a result. Working remotely wasn't an option for some organizations, though, and as a result, increased security measures for both employees and clients were put in place to stop the virus from spreading.
Although contingencies can be planned for, it is often impossible to predict the kind and breadth of such unfavorable events in advance. Businesses and investors conduct analyses and put defensive measures into place to prepare for potential possibilities.
Know more about Contingency with the help of the given link:
brainly.com/question/17275335
#SPJ4
Answer:
The correct answer is: Cost-Plus Pricing Strategy.
Explanation:
To begin with, a ''Cost-Plus'' is the name that a pricing strategy receives in the field of marketing and business that mainly focuses on the pricing of a product by the cost of it plus a certain porcentage of benefit, considering this last one as the benefit margin. Moreover, this type of pricing strategy is one of the most common ones in the field, typically the businesses use this type of pricing strategy due to the fact that it is easy to establish and it does not consider complex terms.
Secondly, in this case where the manager notices such a difference in the prices of the two cans is due to the fact that the manufacturer put less commodities and less effort in the can of 16-ounce rather than in the other can of 32-ounce where there is more soup and therefore there is more cost in that can, establishing that a higher price must put in that one.
Answer:
Answer is the FCAC is greater than the TBC.
Refer below.
Explanation:
A second method for determining the forecasted cost at completion assumes that, regardless of the efficiency rate the project or work package has experienced in the past, the work to be performed on the remaining portion of the project or work package will be done according to budget. If the cumulative actual cost is greater than the cumulative earned value, then: FCAC is greater than the TBC.
The computation of the break-even point (in units) is given below:
Break-eventpoint = Fixed cost / contribution margin.
= Fixed cost / (selling price - variable cost)
= $158,000/ ($20-%10)
= $158,000/ $10
= %15,800 units.
The break-even point (in units) for Shop 48 is 15,800 units. It can be computed by dividing the amount of fixed cost by the amount of per unit contribution margin. And the per unit contribution margin can be computed by deducting the variable cost per unit from the selling price per unit.
The break-even point is the point at which total costs equal total sales, and there is no loss or profit for a small business.
Learn more about the break-even point at
brainly.com/question/9212451
#SPJ4
Answer:
The correct answer is the option B: False.
Explanation:
To begin with, the <em>Age Discrimination in Employment Act</em> is a labor law that was signed into law by President Lyndon B Johnson in 1967 and whose main purpose is to protect the employees from discrimination at their jobs with the statement that employment discrimination against anyone at least 40 years old is prohibited by this law in the United States Of America. Moreover, this act establishes that the replacement must be substantially younger than the terminated employee but<u> it is absolutely not required to be a member of a recognized protected class</u>.
