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  3. Study Set
    Financial Accounting Reporting Analysis
  4. Exam
    Exam 9: Reporting and Analysing Liabilities
  5. Question
    Provisions for Warranties May Only Be Reported in the Liabilities
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Provisions for Warranties May Only Be Reported in the Liabilities

Question 52

Question 52

True/False

Provisions for warranties may only be reported in the liabilities section of a statement of financial position as current liabilities.

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