Answer:
D) an ineffective marketing plan.
Explanation:
Product liability is defined as the liability that manufacturer bears when he puts defective product in the hands of the consumer.
Manufacturers are liable for damages that occur from the use of their products. They are also responsible for providing adequate instructions on use of the product and warning of adverse effects a user can experience.
SmartTalk, Inc produces cell phones and related accessories. They have product liability when there is a manufacturing defect, design defect, and inadequate warning on use of the product.
However the company does not have product liability for ineffective marketing as this is related to how well the company sells the product and not if the product is defective.
Answer:
a. Reduces the chances that the IRS will make mistakes when inputting tax return information.
Explanation:
Electronic filing simply has to do with the storage of business data on a computer system. It is way safer than filing on paper because these files can be stored and they have backup systems for them too. These systems gives a way of managing such files by organizing, updating, storing and retrieving the files whenever it is necessary.
Option a is the best answer for This question as it points out one of the many advantages of such a system.
Answer:
A. Included in GDP under government expenditures
B. Not included in GDP
C. Included in GDP under consumption expenditures
Explanation:
Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.
Gross domestic product can be calculated using the expenditure approach:
GDP = Consumption spending on both durable and non durable goods and services + business spending on cqpital goods + Government Spending on public goods and services + Net Export
Items not included in the calculation of GDP are :
1. Transfer payments
2. Illegal activities
3. Purchase of shares
4. Intermediate goods
I hope my answer helps you
Answer:
$4,000 favorable
Explanation:
The computation of the material quantity variance is shown below:
= Standard Price × (Standard Quantity - Actual Quantity)
= $5 × (2 pounds × 6,000 units - 11,200 pounds)
= $5 × (12,000 pounds - 11,200 pounds)
= $5 × 800
= $4,000 favorable
Simply we deduct the actual quantity from the standard quantity and the difference is multiplied with the standard price so that the correct variance can be computed
Federal Deposit Insurance Corporation ensures that all U.S. financial institutions follow banking laws and regulations
Explanation:
Federal Deposit Insurance Corporation is an important governmental institution which is the seminal institution in the following of the banking laws and regulations which is the prime responsibility of the federal agency in question.
They do this by looking at the deposit data and making companies regulate and follow the transit laws put in place by the trade laws of the country This is also the institution that covers the work of insurance.
