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Java arrays can store primitive types and Strings, but cannot store any other type of Object other than Strings.
Estimated Bonuses
Anticipated bonus payments to employees based on performance criteria that have not yet been paid out.
Bonus Payable
A liability account on the balance sheet that represents the amount of bonuses a company owes to its employees but has not yet paid.
Warranty Expense
refers to the cost that a company expects to incur to repair, replace, or compensate for goods or services that are under warranty, recognized as a liability and expense in the financial statements.
Defective Parts
Components of a product that fail to meet quality standards or are damaged, requiring repair or replacement.
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