Which of the following is the most likely candidate for a contingent liability that must be accrued?
a. Potential liability for a lawsuit in which the firm is a defendant
b. Property tax payable
c. Potential liability on a product that is still in the planning stages (no items have been sold)
d. Warranty liability
D
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If a company charges its subsidiary in a foreign country too low a transfer price, it can be accused of dumping
Indicate whether the statement is true or false
Jane Michael is a member of a research team at a multinational corporation. She is not a manager and holds no official title within the corporation. Other members of this team ask for and follow her advice about research, as well as other organizational issues. Ms. Michael could be described as ______.
a. a contextual leader b. a mindful leader c. a formal leader d. an informal leader
Social entrepreneurs_______
a. must rely on fundraising to keep their company economically stable b. can only be found in the nonprofit sector c. must choose between making either a social or an economic impact d. seek innovative solutions to social and environmental problems
In the basic EOQ model, if D = 100 per month, Co = $20, and Cc = $15 per unit per month, what is the EOQ?
What will be an ideal response?