Explain with some reason and examples

The Cairns company provides a warranty to the buyer at the time of sale. According to the terms of the sale, the company promises to remedy the manufacturing defect within three years from the date of sale by repair or replacement. Since this is the first year the product is under warranty, the company There is no data to indicate whether claims will be made under warranty, should provisions for such claims be recognized under accounting principles?

Many listed companies have dividends. This policy has informed shareholders of the full stamped distribution amount, which will be fully paid to shareholders. This policy provides companies with a constructive responsibility to pay dividends. Currently, Keynesian companies do not pay dividends. considered a constructive responsibility. please inform Should constructive responsibilities arise?

You are a certified public accountant working for Acc plus accounting firm. One of the clients is ABC Ltd.

 Claire is the managing director of this company and has some concerns to consult with you. 2. The company's current accounting policies with respect to dividends may be incorrect or non-compliant with accounting standards.