What is the accounting principle underlying the recognition of an estimated liability for warranties in the period

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What is the accounting principle underlying the recognition of an estimated liability for warranties in the period of product sale
(a) Matching
(b) Materiality
(c) Full disclosure
(d) Conservatism

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Using Financial Accounting Information The Alternative to Debits and Credits

ISBN: 978-1133161646

7th Edition

Authors: Gary A. Porter, Curtis L. Norton

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Question Posted: Mar 28, 2018 07:56 AM

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What is the accounting principle underlying the recognition of an estimated liability for warranties in the period

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Using Financial Accounting Information The Alternative to Debits and Credits

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