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    Financial Accounting IFRS Study Set 3
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    Exam 16: Other Significant Liabilities
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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 12

Question 12

Multiple Choice

The accounting for warranty costs is based on the


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

Correct Answer:

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