Use the Following Information to Answer the Next Three Questions

question 8

Multiple Choice

Use the following information to answer the next three questions.
Bruges Electronics Inc.offers one model of laptop computer for £1000 and a two-year warranty for £250.The retailer, as part of a Boxing Day promotion, offers a limited-time offer for the laptop, including delivery and the two-year warranty for £1,180.The cost of the computer to Bruges is £700.Any warranty repairs are assumed to be done ratably over time.Bruges accounts for transactions using the customer consideration model.
In the first twelve months following the sale, Bruges incurred £980 of costs servicing the computers under warranty.
-In the first twelve months, Bruges would record warranty expense of

• A)£784.
• B)£980
• C)£1,180.
• D)£1,380.

---

Definitions:

Personality

A complex pattern of characteristics, traits, and behaviors that distinguishes one individual from another and affects how they interact with the world.

Behavior

The actions or reactions of an object or organism, often in relation to its environment.

Anterior Cingulate

The front part of the cingulate, a brain structure that runs from the front to the back of the brain in the middle, just above the corpus callosum. The anterior cingulate is believed to be important for the experience of normal emotion and self-control.

Discrepancy

A difference or inconsistency between two or more elements, such as expectations versus reality.