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Mcq- Using the revenue approach of accounting for product guarantees and warranty obligations: the liability is measured at the estimated cost of meeting the obligation

Mcq- Using the revenue approach of accounting for product guarantees and warranty obligations: the liability is measured at the estimated cost of meeting the obligation there is no effect on future income. the liability is measured at the value of the services to be provided the liability is measured at the value of the services to be provided, but there is no effect on future income

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