In considering whether a product contains a defective design, the courts will consider all of the
following except:
A) The likelihood of injury.
B) The profitability of the product.
C) The social utility of the product.
D) The degree of danger posed by the design.
E) None of the above
B
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What should the manager consider when planning to conduct a job interview?
A. time B. applicant’s résumé C. position requirements D. all of these are correct
A company has $90,000 in outstanding accounts receivable and it uses the allowance method to account for uncollectible accounts. Experience suggests that 4% of outstanding receivables are uncollectible. The current balance (before adjustments) in the allowance for doubtful accounts is an $800 debit. The journal entry to record the adjustment to the allowance account includes a debit to Bad Debts Expense for:
A. $2,800 B. $4,400 C. $3,632 D. $3,600 E. $3,568
A company that produces a single product had a net operating income of $65,000 using variable costing and a net operating income of $95,000 using absorption costing. Total fixed manufacturing overhead was $60,000 and production was 10,000 units. This year was the first year of operations. Between the beginning and the end of the year, the inventory level:
A. decreased by 5,000 units B. increased by 30,000 units C. increased by 5,000 units D. decreased by 30,000 units
The ________ provides voluntary mediation to labor and management negotiators.
What will be an ideal response?