Under GAAP, obligations related to warranties are considered: a. contingent liabilities. b. provisions. c. possible obligations. d.

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Under GAAP, obligations related to warranties are considered:

a. contingent liabilities.

b. provisions.

c. possible obligations.

d. None of the answer choices is correct.

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Financial Accounting With International Financial Reporting Standards

ISBN: 9781119787051

5th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Apr 04, 2024 11:00 PM

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Under GAAP, obligations related to warranties are considered: a. contingent liabilities. b. provisions. c. possible obligations. d.

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Financial Accounting With International Financial Reporting Standards

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