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A quality-assurance warranty (also known as manufacture's warranty) typically results in the seller: A) recognizing an expense for the anticipated warranty costs corresponding to current

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A quality-assurance warranty (also known as manufacture's warranty) typically results in the seller: A) recognizing an expense for the anticipated warranty costs corresponding to current period sales. B) Recognizing an asset for accrued warranty costs which is amortized over the life of the warranty. C) Recognizing revenue over the life of the extended warranty. D) Refunding warranty payments upon expiration of the warranty. B C D

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