Sound audio manufactures and sells audio equipment for automobiles. engineers notified management in december 2018 of a circuit flaw in an amplifier that poses a potential fire hazard. an intense investigation indicated that a product recall is virtually certain, estimated to cost the company $2 million. the fiscal year ends on december 31. required: 1. should this loss contingency be accrued & disclosed, only disclosed, or neither? 2. what loss, if any, should sound audio report in its 2018 income statement? 3. what liability, if any, should sound audio report in its 2018 balance sheet? 4. prepare any journal entry needed.

Ida sidha karya company is a family-owned company located in the village of gianyar on the island of bali in indonesia. the company produces a handcrafted balinese musical instrument called a gamelan that is similar to a xylophone. the gamelans are sold for $850. selected data for the company’s operations last year follow: units in beginning inventory 0 units produced 250 units sold 225 units in ending inventory

Select the correct answer. martha is a healer, a healthcare provider, and an experienced nurse. she wants to share her daily experiences, as well as her 12 years of work knowledge, with people who may be interested in health and healing. which mode of internet communication can martha use? a. wiki b. email c. message board d. chat e. blog

Match the terms with the appropriate definition. 1. work done for pay job 2. series of related jobs based on knowledge, training, tasks performed, interests, and experience career 3. buying or selling products and services using the internet mediation 4. wage amount after deductions are withheld net wage 5. a way a person chooses to live his or her life e-commerce 6. the people who are both able and willing to work technology 7. unequal treatment of others based on a bias concerning a person’s characteristics such as race, religion, gender, or age discrimination 8. the act of sharing information lifestyle 9. the use of a third party to make suggestions workforce 10. knowledge and tools used to perform tasks communication