The estimated liability may include____.
A: pension plans
B: holiday benefits
C: onus and welfare
D: warranty liabilities
A: pension plans
B: holiday benefits
C: onus and welfare
D: warranty liabilities
举一反三
- In a merger, the acquiring firm assumes all liabilities of the target firm. Assumed liabilities include all but which of the following? A: Current liabilities B: Long-term debt C: Warranty claims D: Fully depreciated operating equipment E: Off-balance sheet liabilities
- A company sold $12,000 worth of trampolines with an extended warranty. It estimates that 2% of these sales will result in warranty work. The company should: A: Consider the warranty expense a remote liability since the rate is only 2%. B: Recognize warranty expense at the time the warranty work is performed. C: Recognize warranty expense and liability in the year of the sale. D: Consider the warranty expense a contingent liability. E: Recognize warranty liability when the company purchases the trampolines.
- 15. The non-contributory social security benefits include the following except _____. A: war pension B: child benefit C: family credit D: unemployment benefit
- Warranty is one of the actual benefits of a product.
- Private pension plans often do no ______, and pension payments that do come in are not tied to inflationary decreases in buying power. A: pay B: pay off C: pay to D: pay out