OBS - Resolve "Cannot initialize audio sound" error

A pesky error that occurs when starting the preview, stream or recording while using OBS is the "Cannot initialize audio sound" error when using OBS Classic.

To resolve, click on "Sound Manager from the system tray:

Next, click on the folder on the top-right of the sound manager:

Finally, click on "disable front panel jack detection" and click "Ok":

OBS will now function as expected.