Factoring allows a business to obtain immediate cash instead of waiting to collect the account receivable

Budgeted levels of performance must be realistic to avoid ______________ employees.

Fill in the blank(s) with the appropriate word(s).

The expense for warranty costs is recorded in the period ________

A) when the product is sold B) when the product is repaired or replaced C) when cash is paid to repair or replace the product D) when cash is collected from the sale of the product