Which of the following is included in the entry to record accrual of warranty expense?
A) a debit to Warranty Expense
B) a credit to Merchandise Inventory
C) a credit to Warranty Expense
D) a debit to Estimated Warranty Payable
A
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Not all self-service technologies improve service quality, but they can make service transactions more accurate, convenient, and ________
A) faster B) "high touch" C) interactive D) technical E) internal
Annuity A has a greater present value than annuity B when cash flows are discounted using the same positive interest rate for each annuity. Which annuity will have the larger future value if compounded at the same interest rate?
A) Annuity A will have a larger future value. B) Annuity B will have a larger future value. C) The future values will be the same. D) There is not enough information to determine which annuity will have a greater future value.