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Motorola is a world leader in the development of cellular phone technology. During the year, the company becomes aware of potential costs. Which of
Motorola is a world leader in the development of cellular phone technology. During the year, the company becomes aware of potential costs. Which of the following potential costs, if any, should Motorola report? (1) A product defect that is reasonably possible and is reasonably estimable. (2) A safety hazard that is probable and cannot be reasonably estimated. (3) A new product warranty that is probable and can be reasonably estimated.
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