Figure 47-2 ​ ​

question 16

Multiple Choice

Figure 47-2 ​

​
The process illustrated in the accompanying figure is called

• A) peristalsis.
• B) hydrolysis.
• C) emulsification.
• D) proteolysis.
• E) diffusion.

---

Definitions:

Warranty Expense

Costs that a company incurs to repair, replace, or compensate for faulty products during the warranty period.

Book Income

The income of a business as reported in its financial statements, following the principles of accounting.

Deferred Tax Liability

A tax obligation that arises from temporary differences between accounting and tax calculations, to be paid in the future.

Unearned Revenue

This is income received by a business for goods or services yet to be delivered or performed. It's considered a liability until the product or service is delivered.