When the warranty obligation is recognized c. C.When the sale of d.N None of these a When there is a settlement b. of a warranty claim made by a customer. merchandise is made. 1 points UESTION 17 Vhich of the following items is not classified as a current asset? a Accounts Receivable. .Merchandise Inventory. Office Equipment. d. Prepaid Rent. Prepaid Rent. 1 points UESTION 18 n a classified balance sheet, the financial statement user will be able to distinguish between: product andC current and non period costs. ??. a" cash flow from operations and d.none of these cash flow from investing activities current assets