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    Intermediate Accounting Study Set 9
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    Exam 13: Current Liabilities and Contingencies
  5. Question
    Under the Expense Warranty Approach, Companies Charge Warranty Costs Only
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Under the Expense Warranty Approach, Companies Charge Warranty Costs Only

Question 22

Question 22

True/False

Under the expense warranty approach, companies charge warranty costs only to the period in which they comply with the warranty.

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