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    Financial Accounting Study Set 25
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    Exam 18: Specimen Financial Statements: Wal-Mart Stores, Inc
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    The Accounting for Warranty Costs Is Based on the
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The Accounting for Warranty Costs Is Based on the

Question 11

Question 11

Multiple Choice

The accounting for warranty costs is based on the


A) going concern principle.
B) expense recognition principle.
C) conservatism principle.
D) full disclosure principle.

Correct Answer:

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