In a recent annual report, Apple Computer reported the following in one of its disclosure notes: Warranty

Fantastic news! We've Found the answer you've been seeking!

Question:

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:

Multiple Choice:

1) Conservatism

2) Matching

3) Realization principle

4) Economic entity