Solved

In a Recent Annual Report,Apple Computer Reported the Following in One

Question 96

Multiple Choice

In a recent annual report,Apple Computer reported the following in one of its disclosure notes: "Warranty Expense: The Company provides currently for the estimated cost for product warranties at the time the related revenue is recognized." This note exemplifies Apple's use of:


A) Conservatism.
B) The matching principle.
C) Realization principle.
D) Economic entity.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions