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CH13: In a service-type warranty, warranty revenue is Select one: O a. not recognized. O b. recognized only in the last year of the warranty

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CH13: In a service-type warranty, warranty revenue is Select one: O a. not recognized. O b. recognized only in the last year of the warranty period. O c. recognized in the year of sale. O d. recognized equally over the warranty period. CH14: If a bond is sold at 97 (i.e., 97% of par value), the market interest rate was Select one: O a. greater than the stated rate. O b. equal to the coupon rate. O c. equal to the stated rate. O d. less than the stated rate

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