Fdp company produces a variety of home security products. gary price, the company's president, is concerned with the fourth quarter market demand for the company's products. unless something is done in the last two months of the year, the company is likely to miss its earnings expectation of wall street analysts. price still remembers when fdp's earnings were below analysts' expectation by two cents a share three years ago, and the company's share price fell 19% the day earnings were announced. in a recent meeting, price told his top management that something must be done quickly. one proposal by the marketing vice president was to give a deep discount to the company's major customers to increase the company's sales in the fourth quarter. the company controller pointed out that while the discount could increase sales, it may not the bottom line; to the contrary, it could lower income. the controller said, "since we have enough storage capacity, we might simply increase our production in the fourth quarter to increase our reported profit."

why would an increase in sales resulting from offering an deep discount not the bottom line? how could the controller's suggestion of increasing production increase company profits? are there ethical concerns in this situation?

Presented below is a list of possible transactions. analyze the effect of the 18 transactions on the financial statement categories indicated. transactions assets liabilities owners’ equity net income 1. purchased inventory for $80,000 on account (assume perpetual system is used). 2. issued an $80,000 note payable in payment on account (see item 1 above). 3. recorded accrued interest on the note from item 2 above. 4. borrowed $100,000 from the bank by signing a 6-month, $112,000, zero-interest-bearing note. 5. recognized 4 months’ interest expense on the note from item 4 above. 6. recorded cash sales of $75,260, which includes 6% sales tax. 7. recorded wage expense of $35,000. the cash paid was $25,000; the difference was due to various amounts withheld. 8. recorded employer’s payroll taxes. 9. accrued accumulated vacation pay. 10. recorded an asset retirement obligation. 11. recorded bonuses due to employees. 12. recorded a contingent loss on a lawsuit that the company will probably lose. 13. accrued warranty expense (assume expense warranty approach). 14. paid warranty costs that were accrued in item 13 above. 15. recorded sales of product and related service-type warranties. 16. paid warranty costs under contracts from item 15 above. 17. recognized warranty revenue (see item 15 above). 18. recorded estimated liability for premium claims outstanding.

What is the advantage of developing criteria for assessing the effectiveness of business products and processes? a. assessment criteria are answers. b.assessment criteria are inexpensive. c.assessment criteria provide you with a list of relevant things to measure. d.assessment criteria provide you with a list of people to contact to learn more about process mentoring.

Which of the following occupations relate to a skill category of words and literacy