ABC offers separately priced extended warranties for appliances sold that are non-refundable and have no limits to the potential cost of honoring the warranty. Although ABC does track warranty profits and losses by appliance type, assume that no analysis has been performed to determine the rates at which cost are incurred throughout the warranty period. Assuming that manufacturer warranties provide coverage for the appliance for 1 year from the date of purchase, when should revenues and expenses of such warranties be recognized? FASB Accounting Standards Codification (ASC) topic 605-20-25-3 (Revenue Recognition) states that in regard to extended warranties “revenue shall be recognized in income over the period in which the seller is obligated
Meet the Aosas. Eli,36, is the father. Sarah,35,is the mother. Jemma and Riley,13, are the twin daughters. Eli works as a mechanical engineer because, he likes to fix things, and Sarah is a teacher for the Aosa company, because she like to help people.
Yes. According to CACI 1001, defendant had a duty to use reasonable care to keep the property in a reasonably in a safe condition. A landowner must use reasonable care to discover any unsafe conditions and to repair, replace, or give adequate warning of anything that could be reasonable expected to harm others. The defendant hosts a party every year and should have made a reasonable effort to make sure his land was safe to enter. Defendant conduct appears to be considered as a substantial factor in causing plaintiff’s injuries.
The CalCannabis Cultivation Licensing Division (CalCannabis) requests the establishment of a CEA A to serve as the Chief of its Compliance and Enforcement Branch. The CEA A will provide oversight and policy direction regarding the compliance and enforcement components of the Medicinal and Adult Use Cannabis Regulatory Safety Act (MAUCRSA) and CalCannabis’ regulations related to cannabis cultivation. This includes the development and implementation of policies and guidelines to ensure the California Department of Food and Agriculture (CDFA) is in compliance with its mandated responsibilities. CalCannabis fulfills its mission by providing professional services which support and contribute to a safe, high-quality agricultural commodity supply;
This is a great question! Since I work as a PE Paraprofessional, my classroom is not a traditional classroom and we allow our students to go to the restroom whenever they need to go. I am SO afraid that I will forget a student because I do not know who is coming and going. With the dilemma that you have provided, I would first tell my school’s principal so that he is aware of the situation. I know that he will not be happy because if it was not a drill, the child could have been seriously hurt.
Barb: As long as the company is in one of the nine states that allow it, it is legal to charge an additional premium for smokers. Arguments for and against the extra charge. Arguments for the charge are that statistics state that those that “smoke a pack of cigarettes a day have claims that are 18% higher than those of nonsmokers” (Cihon & Castagnera, 2014, p. 337) and are 29% more likely to have medical claims over $5,000 per year and cost $1,000 more each year than those that smoke (Cihon & Castagnera, 2014, p. 337). If a company had many smokers who followed these results, the premiums for all employees could be raised. Those that do not smoke and are partaking in a more healthy lifestyle are subsidizing those who do not partake
Study A case study of a Canadian School that was partially implementing problem behavior interventions and support in 2007-2008 (year one) and fully implementing in 2008-2009 (year two). This study examined whether an increase in problem behavioral interventions and support implementation reliability was related to positive outcomes for students, as it related specifically to problem behavior, academic achievement, and student perceptions of school safety. Method The setting for this case study was an elementary school within the district of British Columbia.
Nonetheless, before making such a drastic decision, Assisi needs to determine if they can reinvent themselves in such a way that the programming division could be profitable. Could Assisi start selling another type of computer component that needs programming along side of manufacturing the motherboards? Investigating this option would determine if Assisi could purchase another computer part such as a video card, use their current programming division to program it and then resell it at a profit. Another option for Assisi electronics would be to offer programming services to other businesses that are looking to outsource that particular service. Assisi electronics has an already established pool of talented programmers available; they could market that service to other companies.
Case Study #1: Technology & Product Review for Endpoint Protection Solutions – Trend Micro Endpoint protection platforms, colloquia referred to as EPPs, initially began as simple anti-virus or anti-malware programs (Solutions Review, 2017). As cyber threats have evolved over the last twenty years, the need for broader information technology security solutions have also grown. Today EPPs have become a “swiss-army knife” security solution. Gartner Inc. an industry leading technology research and advisory company defines EPPs as “a solution that converges endpoint device security functionality into a single product” (Gartner, 2017). EPPs now not only provide anti-virus services, but also anti-spyware, firewall, intrusion prevention, and application
Today, all police cars have dashboard cameras but all they do is record what is going on in front of the police car. However, in the future dashboard cams may do even more such as identify suspects for police officers, detect guns or weapons and even have facial recognition. Coban Technology, a company out of Houston has been developing a new kind of webcam. One that uses artificial intelligence to help cops identify potential dangerous situations before they could. They also hope to not only limit this technology to the front of the car but to eventually provide a full 360 degree view with these cameras.
2.8 Engagement Performance PCAOB .17 Policies and procedures should be established to provide the firm with reasonable assurance that the work performed by engagement personnel meets applicable professional standards, regulatory requirements, and the firm’s standards of quality. .18 Policies and procedures for Engagement Performance encompass all phases of the design and execution of the engagement. To the extent appropriate and as required by applicable professional standards, these policies and procedures should cover planning, performing, supervising, reviewing, documenting, and communicating the results of each engagement. These policies and procedures also should address engagement quality reviews pursuant to PCAOB Auditing Standard No.
The leading international developer of codes and standards connected with art, sciences, and practice of mechanical engineers is the American Society of mechanical engineers. As of today ASME’s codes and standards have grown up to nearly 600 offerings in print. Every year ASME develop and revise codes and standards with the help of 4,700 willing volunteers which consist of engineers, scientists, and government officials. Contribute their technical expertise to protect the safety of the public. ASME develops and revises standards that enhance the public safety, health, and quality of life.
After numerous major data breaches and ongoing discussions about credit card security, keeping the different security standards straight can be a challenge. Consumers should understand how EMV and PCI standards are different, yet still work toward the same general security goals. How EMV Works Image via Flickr by benwatts As of October 1, 2015, merchants are encouraged to adopt Europay, MasterCard, Visa (EMV) standards, or they may be liable for fraudulent charges made with stolen cardholder information. EMV standards drastically increase the security of credit card transactions around the world.
Every piece of policy has been implemented due to varying social concerns, this is not different for the BC’s CFCSA and Sweden’s SSA. These two pieces of policy act as guidelines for society's concern or “social problem” that not all parents/guardians/caregivers know how to properly bring up children and what happens when parents do not meet the guidelines that the government has given. One of the reasons why these pieces of policy has been so that they can enforce a minimum standard for how children should be raised, to help keep children out of the way of harm or from developing in an unfavorable direction (CFCSA, 1996, s. 1; Social Services Act, 2001, p. 9). When examining any form of policy, it is important to understand how the policy
Most of the structural design of buildings worldwide follows the codes of practice which are produced either through the experts in the country or through adoption of design codes from other countries. These codes of practice are document which drawn up by experienced engineers and a team of professionals as baseline or guideline for engineer in the general appraisal of the overall structural scheme, detailed analysis and design including the framework for addressing issues of safety and serviceability in structural engineering design (Nwofor, Sule, & Eme, 2015). Many improvements have been done to standard code of practices since more than thirty years ago due to changes in design and development. Standard that have been improved have been
