2. The estimated warranty obligation at the end of the nancial year is best described as which...

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2. The estimated warranty obligation at the end of the financial year is best described as which of the following?

a. Contingent liability

b. Unrecognized liability

c. Uncertain liability

d. Constructive liability

e. Liability

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Financial Accounting International Financial Reporting Standards Global Edition

ISBN: 9781292211145

11th Edition

Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison

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