Answer:
Given:
The total transaction price for the sale of the stereo system and the extended warranty is $3,000.
The standalone price of each is $2,300 and $900, respectively.
The estimated cost of the assurance-warranty is $350.
Here, in this case the warranty expenses against sale of stereo is on basis of expected expenses
.
Expected expenses in future is for certainty and sum collected against this expenses. Therefore, $ 900 is gathered under assurance-warranty while no cost is incurred. Therefore, they will credit the unearned warranty revenue of $ 900
<u><em>Option (4) is correct.</em></u>
Answer:
A neutral third party from outside the organization will hear the case via a nonbinding process.
Explanation:
Assuming in an alternative dispute resolution program (ADR), the concerned employee and supervisor have finished the peer review stage and have not reached a settlement.
The most likely next stage in the ADR process would be to invite a neutral third party such as a mediator or negotiator from outside the organization, who will hear the case via a nonbinding process.
Answer:
Explanation:
This is an example of payroll fraud.
Pay roll fraud is a fraudulent practice where an employees take an advantage of a loophole in the internal control system to claim payment that they are not entitled to. One way of practicing it is by keeping record ghost workers
Two methods of controlling it are
A clock -in-system : This requires an employee to use a unique pass code to sign in and our of work . Some technology even finger print for this purpose which strictly restrict signing in to the assigned user . This information are used for payment process
Another method is the direct deposit of pay checks into employees bank account . This method will prevent and other person to divert pay checks for other use.
Answer:
A product-management organization is sometimes characterized as a hub-and-spoke system because the brand or product manager is figuratively at the center, with spokes leading to various departments representing working relationships.
Explanation: This statement is made because a product manager is one who is in constant research on the different components that interfere in the development of a product and its behavior in the market, so there is communication with the different departments of a company and it is said which is the center of the business.
Example: In a chocolate factory a product manager would be responsible for ensuring that the chocolate meets the requirements of the target market, for this he must constantly contact the purchasing department to include the best ingredients and offer the best packaging, as well. such as transport, so that they do not melt on the road to establishing sales.
