Which of the Following Is a Contingency That Should Be

question 74

Multiple Choice

Which of the following is a contingency that should be recorded?

• A)The company is being sued and a loss is reasonably possible and reasonably estimable.
• B)The company deducts life insurance premiums from employees' paychecks.
• C)The company offers a two-year warranty and the expenses can be reasonably estimated.
• D)It is probable that the company will receive $100,000 in settlement of a lawsuit.

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Definitions:

Supply Chain Marketing

A holistic approach to marketing that integrates the entire supply chain, from product development to the delivery to the end consumer, to enhance customer value and efficiency.

Right Customer

Identifying and targeting the consumer segment that is most likely to purchase a company's products or services for optimal business performance.

Activities

Actions or tasks that are performed as part of a process or to achieve an objective.

Promotion

Promotion refers to the activities and strategies used to communicate the value of products, services, or brands to customers, with the objective of increasing awareness, interest, and sales.