A company sold $12,000 worth of trampolines with an extended warranty. It estimates that 2% of these sales will result in warranty work. The company should: A: Consider the warranty expense a remote liability since the rate is only 2%. B: Recognize warranty expense at the time the warranty work is performed. C: Recognize warranty expense and liability in the year of the sale. D: Consider the warranty expense a contingent liability. E: Recognize warranty liability when the company purchases the trampolines.

warranty

This warranty does not become void under any circumstance during the warranty period.

Product Warranty:Please contact the seller directly for warranty information for this product. You may also be able to find warranty information on the manufacturer’s website.

warranty card ________

保证（Warranty）

7. warranty costs: ______

Which type of warranty is enacted if a service or product does not meet the level of quality specified in the contract ？（） A: Implied warranty of merchantabilit B: Implied warranty of specified qualit C: Express warrant D: None of the abov

Warranty repairs are external failure costs.

•The maintenance store location and ________________ are on the warranty card.