The failure to redesign a product with a safety flaw is a product liability issue
Indicate whether the statement is true or false
TRUE
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The difference between the speed at which humans speak and the speed at which humans can comprehend is known as the speech–thought differential. What are the speeds of speech and of comprehension in words per minute (wpm)?
A. 150–200 wpm, 400–600 wpm B. 200–25 wpm, 300–400 wpm C. 75–125 wpm, 400–600 wpm D. 150–200 wpm, 300–400 wpm
With regard to preferred stock,
a. its issuance provides no flexibility to the issuing company because its terms always require mandatory dividend payments. b. no dividends are expected by the stockholders. c. its stockholders may have the right to participate, along with common stockholders, if an extra dividend is declared. d. there is a legal requirement for a corporation to declare a dividend on preferred stock.
Which of the following would be grouped under the topic "economic factors" during organizational orientation programs?
A. The grievance procedures available B. The costs incurred on equipment C. The tax shelter options provided D. The procedure used to reimburse job expenses
Respond to the following:
a. When is revenue generally recognized, and what are three other alternative points in time for recognizing revenue? b. When is each alternative revenue recognition method appropriate and why have these methods evolved? c. What is the primary criterion for revenue recognition applied in practice, and what attributes must be measurable before revenue is recognized.