Elizabeth Is a Chef and the Kitchen Manager in an Upscale

question 76

Multiple Choice

Elizabeth is a chef and the kitchen manager in an upscale restaurant.She is very knowledgeable in both the culinary and restaurant management fields.Because of these skills,Elizabeth can be considered a(n) ____ worker.

• A)cognitive
• B)focused
• C)top-rated
• D)MBO
• E)knowledge

---

Definitions:

Warranty Expense

Costs a company incurs due to servicing or replacing products under warranty.

Expense Warranty Accrual Method

An accounting method where expected future warranty claim costs are estimated and recorded as an expense at the time of sale.

Liability For Warranties

The responsibility of a company to cover costs of addressing defects or repairs under warranty for sold products.