C. Title Fee
The company will perform a title search to ensure that there is a clear path of ownership so there can be a legal sale contract.
The correct answer is Overconfidence bias
Explanation:
Overconfidence bias is the result of an excessive and unrealistic estimation of one's skills, knowledge, ideas, etc even to the point the individual considers himself better than others or does not have an objective perception about himself. This type of bias can lead to negative consequences, for example, by overestimating his ability to pass a test a student might choose not to study at all and then fail the test. Moreover, this can be avoided by assessing realistically one's skills, judgments, etc. According to this, the type of bias that can be avoided is overconfidence bias.
We can actually deduce here that "account analysis involves a detailed analysis of what cost behavior should be, based on an industrial engineer's evaluation" is false.
<h3>What is account analysis?</h3>
Account analysis is actually known as the process of a detailed line of items that are recorded in the financial statement are closely evaluated and examined by a professional auditor or accountant.
When account is analyzed, it helps account owners to easily identify trends. It also shows how an account is performing.
Learn more about analysis on brainly.com/question/24803971
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The correct answer is B. false.
If something is good, then there is no need to change it if there are no problems at all. If this company is making a profit because of a venture they invested in, then why would they seek alternative ventures and risk losing the profit they gained.
Answer:
$103,680
Explanation:
estimated warrant liablity 3% of unid sold at $144
24,000 x 3% x 144 = $103,680
This will be the expected warranty laiblity for the sales of the period, and also the warranty expense.
warranty expense 103,680
warranty liability 103,680
warranty liability 47,000
inventory 47,000
to record warranty services
(we use inventory because the company use replacement part, those par are represented in inventory account)
<u>Warrant liablity account</u>
beginning balance 26,000
warranty expense 103,680
warrant serviced (47,000)
ending balance 82,680
