Which of the Following Are Types of Warranties

question 60

Multiple Choice

Which of the following are types of warranties?

• A)Express warranties and implied warranties of quality,but not acknowledged title warranties
• B)Acknowledged title warranties and express warranties,but not implied warranties of quality
• C)Implied warranties of quality and express warranties,but not acknowledged title warranties
• D)Express warranties,implied warranties of quality,and acknowledged title warranties
• E)Acknowledged title warranties,but not express warranties or implied warranties of quality

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Definitions:

Forecasting Risk

The potential for future revenues or earnings to deviate from projected amounts due to variables that affect demand, supply, and pricing.

NPV Estimates

Calculations used to determine the Net Present Value of an investment, forecasting the difference between the present value of cash inflows and outflows.

Operating Leverage

A measure of how revenue growth translates into growth in operating income, indicating the degree to which a company can increase its profits by increasing sales, given its fixed costs.

Scenario Analysis

A process of analyzing possible future events by considering alternative possible outcomes (scenarios), thus helping in the decision-making process.