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Q 10.29: The expense approach to recognizing warranty liabilities satisfies the matching principle by A using previous experience to estimate the cost of servicing the

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Q 10.29: The expense approach to recognizing warranty liabilities satisfies the matching principle by A using previous experience to estimate the cost of servicing the warranty. estimating the future cost of servicing the product warranty. coffsetting the warranty liability with actual costs incurred in the future. D recording an estimated expense in the same period as the sale occurs

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