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  3. Study Set
    Intermediate Accounting IFRS Study Set 3
  4. Exam
    Exam 13: Current Liabilities, Provisions, and Contingencies
  5. Question
    In a Service-Type Warranty, Warranty Revenue Is
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In a Service-Type Warranty, Warranty Revenue Is

Question 10

Question 10

Multiple Choice

In a service-type warranty, warranty revenue is


A) recognized in the year of sale.
B) not recognized.
C) recognized only in the last year of the warranty period.
D) recognized equally over the warranty period.

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