Contingent liabilities should be recorded in the accounts when: it is possible the future event will occur the amount of the liability can be reasonably estimated. both of the above either of the above

When formulating a positioning strategy, a multiple-benefits approach is strongly suggested to satisfy many markets at the same time, because it alerts consumers to a wide array of diverse functions and positive consequences related to the product.

Financial institutions that lend the funds that savers provide to borrowers. a. mutual funds c. pensions b. premiums d. financial intermediaries

An appeals court feels that a lower court has made an incorrect judgment concerning a civil law case. Which of the following would be the mostly reason to remand the case back to the lower court? a.

Record journal entries for the following transactions of Furniture Warehouse. July 5: Purchased 30 couches at a cost of $150 each from a manufacturer. Credit terms are 2/15, n/30, invoice date July 5.

A trade magazine routinely checks the drive-through service times of fast-food restaurants. an 80% confidence interval that results from examining 552 customers in one fast-food chain's drive-through has a lower bound of 172.

Frontera Company's output for the current period results in a $20,000 unfavorable direct labor rate variance and a $10,000 unfavorable direct labor efficiency variance.

A Lorenz curve showing perfect equality in the distribution of income: A) coincides with the horizontal axis. B) coincides with the vertical axis. C) is a straight line with a 45-degree angle. D) is a curve bowed to the southwest.

The Central Bank has raised its reserve requirements from 10% to 12%. If Southern Bank finds that it is not holding enough in reserves to meet the higher requirements, then it will likely: A.

Identify TWO examples of a project that would fit each of the following priority scenarios: A.) Time-constrain, Scope-enhance, Cost-accept B.) Time-accept, Scope-constrain, Cost-accept C.) Time-constrain, Scope-accept, Cost-enhance

Identify a product for which packaging adds value and describe how that value is added for the consumer