Describe reputation risk and the potential impacts of reputation$-$damaging incidents.

$5$b$.$ What are the major sources of reputation risk for a cruise ship company? What can a cruise ship company do to

manage reputation risk?

$5$c$.$ Describe the reputation risk implications for accounting in this case.

$5$d$.$ Identify and explain associations you can think of between impairment loss reporting in the financial statements and

the company$$s reputation.