Existing claims related to product warranties and litigation as of December 31, 2016, indicate that it is probable that a liability has been incurred. However, as of December 31, 2016, the amount of the obligation cannot be reasonably estimated. Based on these facts, an estimated loss contingency should be

A) accrued.
B) disclosed but not accrued.
C) neither accrued nor disclosed.
D) classified as an appropriation of retained earnings.


B

Business

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A SWOT analysis focuses on an organization’s:

Business

The Professional Flying Co had 20,000 shares at the beginning of 2010 . On 3/1/2010, 24,000 additional shares were issued. 2,000 shares were reacquired and retired on 7/1/2010 . 12,000 additional shares were issued on 12/1/2010 . The weighted average number of shares for 2010 is ________

a. 39,000 b. 40,000 c. 41,000 d. 54,000

Business

Which of the following is a form of unprotected speech?

A) offensive speech B) defamatory language C) commercial speech D) political speech

Business

A person's positive or negative human relations with his or her coworkers has no effect on overall job satisfaction.

Answer the following statement true (T) or false (F)

Business