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pochemuha
3 years ago
12

Sound Audio manufactures and sells audio equipment for automobiles. Engineers notified management in December 2018 of a circuit

flaw in an amplifier that poses a potential fire hazard. An intense investigation indicated that a product recall is virtually certain, estimated to cost the company $7.5 million. The fiscal year ends on December 31. Required: 1. Should this loss contingency be accrued
Business
1 answer:
klemol [59]3 years ago
7 0

Answer and Explanation:

According to the given situation, the contingent liability should be probable and estimated so the cost of the warranty i.e. loss contingency would be accrued and the same would be recorded and reported depend upon the predicted amounts

hence, the same would be considered and relevant too

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One term is used to identify a collection of activities designed to gain access to personal and corporate information. The activ
tensa zangetsu [6.8K]

Answer: Social engineering

Explanation:

Social engineering is simply the use of deceit in order to manipulate individuals so that they can give out personal and confidential information about themselves which will be used for fraud.

The activities involved in social engineering are phishing, scams and hoaxes aimed at getting individuals to compromise sensitive data.

8 0
4 years ago
"Shareholder wealth" in a firm is represented by:
Grace [21]
The best and most correct answer among the choices provided by the question is the fourth choice. <span>"Shareholder wealth" in a firm is represented by </span><span>the market price per share of the firm's common stock. </span><span>I hope my answer has come to your help. God bless and have a nice day ahead!</span>
6 0
3 years ago
The organization is very personal, much like an extended family. Involvement The organization is accomplishment oriented, with t
Alexxandr [17]

The correct answer to this open question is the following.

What we are trying to do in this question is to rank the options based on the strength of our preference, knowing that the relationship of a new manager in a company and the employees, as well as the understanding of the culture in the organization, can the degree of success and satisfaction in the workplace. So the strongest preference is "1" and the weakest preference would be "8."

So the rank would be like this:

The organization is very personal, much like an extended family. (4)

The organization is accomplishment oriented, with a focus on competition and getting jobs done. (1)

The organization is stable and structured, with clarity and established procedures. (1)

The organization is dynamic and changing, where people take risks.(3)

8 0
3 years ago
Burns Industries currently manufactures and sells 11,000 power saws per month, although it has the capacity to produce 26,000 un
marusya05 [52]

Answer:

Selling price= $30

Explanation:

Giving the following information:

Unitary cost:

Variable= $30

Fixed= $16

Number of units= 4,100

<u>Normally, when there is unused capacity and a new customer asks for a reduced price, the fixed cost should not be taken into account when calculating the selling price. </u>The company benefits from increasing its sales, acquiring a new customer, and perhaps getting some discounts from suppliers in the variable components.

<u>The lower price that the company accepts is the one that equals the unitary variable cost. In this case:</u>

Selling price= $30

8 0
3 years ago
Suppose a monopolist practices perfect price discrimination. It will have A. the same total revenue but sell a larger output tha
andre [41]

A monopolist that practices perfect price discrimination will have a a greater total revenue and sell a greater output than if it were not practicing price discrimination.

A monopolist is a single seller in an industry. The monopolist produces all the output in the industry. A monopolist has a downward sloping demand curve. She also sets the price for her products

Price discrimination is when the same product is sold at different prices to customers in different markets. Perfect price discrimination is when sellers charge each consumer at their reservation price in order to eliminate consumer surplus. Perfect price discrimination encourages consumers to buy more products. This increases quantity sold.

For more information, please check: brainly.com/question/17041384

6 0
3 years ago
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