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Product Warranties Provide an original and substantive response to the questions posed in your Journal in a minimum of 200 words. Product warranties are an interesting liability on a client's books. When a car company issues a recall for a defective part, management can easily determine the number of units sold and to whom, as well as estimate the parts and labor necessary. Chances are a good number of consumers will elect to have the work done. Think about other companies, such as a luggage manufacturer. Suppose you purchased a luggage set 5 years ago for $300. The luggage came with a lifetime warranty, serviced only by the manufacturer and not the retailer. You have noticed a rip in the fabric, but you do not want to go through the trouble of mailing the suitcase back for repair. Of course the company would honor your claim if you chose to send in your suitcase, but did they set aside proper liability reserves? If you were auditing the luggage company, how would you gain confidence in management's accounting for warranty claims? Would you assume the company adequately accounts for the number of people who might make claims? What information would you use to gain confidence in their valuation? What are some other warranty situations where it is more of a guessing game as to how many claims could be filed in any given year?
Law enforcement ethics: The Rampart Scandal stemmed from the unethical actions of a rogue group of officers, but had far reaching implications ultimately resulting in the oversight of the Los Angeles Police Department (LAPD) by the Federal Governm..
Consider a city in which urban density averages 4 housing units per acre. The city is fully circular with distance from CBD to the boundary equal to 10 miles. Land beyond the boundary of the city is used for agriculture, and earns $2000 per acre annu..
explain the emergence of ira splinter groups today. using contemporary news sources describe the situation in northern
Discuss the methodological issues and challenges that are unique to psychological research investigating effective treatments for psychological disorders.
What actions can be taken to minimize the occurrence of hate crimes
The higher the wind speed and the longer the fetch or distance of open water across which the wind blows and waves travel, the ____ waves and the ____ enerty they prosses.
As a consumer of mental health services, which type of therapy would you prefer if you did not like to talk about your problems? If you were suffering from a phobia? If you had recurring nightmares since childhood? If you wanted to improve your ma..
What is the role of risk management within the organizational setting?
Explain key steps you took as you initially designed your research question/topic and then conducted the research and chose the source material for it.
Given the damage to a nuclear power plant caused by an earthquake and tsunami and the real and potential danger of radiation leak, recommend to the CEO of a utility company whether it should continue to rely on nuclear power plants for electricity..
Is young adulthood better characterized as a period of health-improving lifestyles or health-impairing lifestyles? Be sure to explain and justify your response
Anthropology- One day one of se fabulous private collections will be offered to a museum. Illustrate what is that museum going to do.
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