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    Business
  3. Study Set
    Using Financial Accounting
  4. Exam
    Exam 9: Current Liabilities, Contingencies, and the Time Value of Money
  5. Question
    A Company Gives a Two-Year Warranty for Its Product
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A Company Gives a Two-Year Warranty for Its Product

Question 141

Question 141

True/False

A company gives a two-year warranty for its product.The estimated liability for product warranties for the upcoming year is a current liability.

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