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An FMEA estimates the risk priority number (RPN) for a given failure mode to be 36.The occurrence rating is 3 and the severity rating is 3.Thus,the undetectability rating is:
Salaries and Wages Expense
The total cost incurred by an employer for employee compensation, including both salaries and hourly wages.
Temporary Account
An account that is closed at the end of each accounting period and its balances transferred to permanent accounts; examples include revenues, expenses, and dividends accounts.
Correct Entry
An accurate recording of a transaction in the books of accounts, adhering to accounting principles and conventions.
Correcting Entry
A journal entry made in accounting records to amend a previously made error.
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