The park company is affected by the following contingencies at the end of 2016: 1. expropriation of park’s foreign assets, valued at $3,000,000, appears reasonably possible. 2. parks' legal counsel has concluded that it is probable that the company will be required to pay damages of $500,000 in a lawsuit. 3. it appears remotely possible that a major customer will be unable to repay parks on a note receivable for $100,000. 4. parks' controller estimates that $250,000 of the company's pledged receivables are likely to be uncollectible, and the lender will require parks to honor the amounts. what total amount should parks accrue for loss contingencies in 2016? $3,850,000
$3,500,000
$850,000
$750,000

When paul o’neill joined alcoa as ceo, he set a , that there would be zero workplace accidents. a lot of people in the organization thought this was impossible given how dangerous some aluminum-manufacturing jobs are, but alcoa’s safety record improved tremendously. as the board of governors of the american red cross considers planning, one option is to make strategic plans and then direct managers to align tactical and operational plans accordingly. another option is to have planning specialists managers across the organization make their own plans. why might this organization’s executives opt for the latter approach? check all that apply. (a) the environment is a dynamic one, and department and frontline managers can come up with more responsive plans than can central leadership. (b)resources will be better coordinated across the organization in support of the overall strategy.(c) senior leadership will have more control over the organization’s direction. (d)when managers come up with their own plans, they are likely to be more committed to following through on them.