Nokia Corporation lists various areas requiring significant judgement and estimation. This list includes: Allowances for doubtful

Question:

Nokia lists various areas requiring significant judgement and estimation. This list includes:
• Allowances for doubtful accounts
• Customer financing
• Inventory-related allowances
• Warranty provisions
• Capitalised development costs
• Legal contingencies
• Business combinations
•Valuation of long-lived and and
Required
Select two of the areas and explain the significant judgement and estimation involved in measuring the items for purposes.
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