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3 years ago

Which of the following functions is most closely connected with the CPSC?

Business

2 answers:

ddd [48]3 years ago

8 0

Answer: a. ensuring product safety and setting safety standards

Explanation:

Consumer Product Safety Commission (CPSC) refers to an independent federal regulatory agency which protects the public from products that may cause a potential danger to safety. It was established in 1972 through the Consumer Product Safety Act. It centers on products which cause danger and injury to children and also consumer products which cause an unreasonable risk of fire, chemical exposure, electrical malfunction, or mechanical failure. Its tasks include: working with industries to develop voluntary product standards, issuing of mandatory standards when needed, respond to consumer complaints regarding products and so on.

Alecsey [184]3 years ago

5 0

The answer is A- ensuring product safety and setting safety standards

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For a sale, the original retail price of a particular shirt and the original retail price of a particular hat were both reduced

max2010maxim [7]

Answer:

Explanation:

Given:

Discount = original price × discount fraction

Discounted price = original price - discount

Discount fraction = 20%

= 20/100

Original price of shirt = $x

Original price of hat = $(x + 10)

Discounted price of shirt = $x - $0.2x

= $0.8x

Discounted price of hat = $(x + 10)

- 0.2$(x + 10)

= $0.8 × (x + 10)

Difference of discounted price of hat to shirt = 0.8(x + 10) - 0.8x

= $8

Original price of shirt = $x

Original price of hat = $ 1.5 × x

Discounted price of shirt = $x - $0.2x

= $0.8x

Discounted price of hat = $ 1.5 × x

- 0.2 × $ 1.5 × x

= $ 1.2x

Difference of discounted price of hat to shirt = 1.2x - 0.8x

= $ 0.4x

3 0

3 years ago

QS 11-9 Recording warranty repairs LO P4 On September 11, 2016, Home Store sells a mower for $490 cash with a one-year warranty

prisoha [69]

Answer:

On September 11, 2016, Home Store sells a mower for $490 cash with a one-year warranty that covers parts

Recording of revenue:

Cash $490 (debit)

Revenue $490 (credit)

Recording of Warranty granted :

Assurance Warranty expense $49.00 (debit)

Warranty Provision $49.00 (credit)

$490 × 10% = $49.00

On July 24, 2017, the mower is brought in for repairs covered under the warranty requiring $34 in materials taken from the Repair Parts Inventory

When warranty is subsequently received:

Warranty Provision $ 34 (debit)

Repair Parts Inventory $ 34 (credit)

Explanation:

On September 11, 2016, Home Store sells a mower for $490 cash with a one-year warranty that covers parts

Recording of revenue:

Cash $490 (debit)

Revenue $490 (credit)

We Recognise Revenue to depict transfer of control of mower

Recording of Warranty granted :

Assurance Warranty expense $49.00 (debit)

Warranty Provision $49.00 (credit)

$490 × 10% = $49.00

There is no option for customer to take the warranty or not, so this is a service warranty.The warranty is measured at the best estimate of expenditure required to settle the obligation that is at 10% of sales.

On July 24, 2017, the mower is brought in for repairs covered under the warranty requiring $34 in materials taken from the Repair Parts Inventory

When warranty is subsequently received:

Warranty Provision $ 34 (debit)

Repair Parts Inventory $ 34 (credit)

Utilise the Warranty Provision when the warranty claim is subsequently received

7 0

3 years ago

suppose the price of an important input in the production of books were to increase. what can be concluded about the quantity of

Westkost [7]

The conclusion that can be drawn about the number of books supplied for $16 when an important production input of books increases is that the quantity supplied is reduced.

<h3>How do production costs affect supply?</h3>

When production costs (input) increase, the quantity supplied at a given price decreases.

Conversely, a decrease in production costs increases the quantity supplied.

Thus, the conclusion that can be drawn about the number of books supplied for $16 when an important production input of books increases is that the quantity supplied is reduced.

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7 0

1 year ago

Suppose a 95% confidence interval was made to estimate the monthly cost of internet service instead of a 90% confidence interval

Alex

The 95% confidence interval will be wider than the 90% confidence interval.

In statistics, the likelihood that a population parameter will fall between a set of values for a certain percentage of the time is referred to as a confidence interval. Analysts frequently employ confidence ranges that include 95% or 99% of anticipated observations. Therefore, it may be concluded that there is a 95% likelihood that the real value falls within that range if a point estimate of 10.00 with a 95% confidence interval of 9.50 - 10.50 is derived using a statistical model.

The level of certainty or uncertainty in a sampling process is measured by confidence intervals.

Additionally, they are employed in regression analysis and hypothesis testing.

To determine statistical significance, statisticians frequently combine confidence intervals with p-values.

95% or 99% confidence levels are most frequently used in their construction.

Learn more about Confidence interval, here

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6 0

10 months ago

What instrument did the piano originate from

NNADVOKAT [17]

Answer:

stringed musical instrument

Explanation:

The piano is an acoustic, stringed musical instrument invented in Italy by Bartolomeo Cristofori around the year 1700 (the exact year is uncertain), in which the strings are struck by hammers.

4 0

3 years ago

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