Which of the following accounting policy is being observed when we recognize a warranty obligation? Question 59 Not yet answered Marked out of 100 Select one o A. matching O B . full disclosure o C. materiality O D . consistency O Esimenes Question 60 Not yet awered Moreau invested $18,000 and Fereday invested $32,000 in a partnership. They agreed to share incomes and losses by allowing a $9,000 per year salary allowance to Moreau and a $12,000 per year salary allowance to Fereday, plus interest on the partners investments at 8%, with the balance to be shared equally. Under this agreement, the shares of the partners with a $80,000 profitare Marted out of 10 Select one O A $37,940 to Moreau: $42,060 to Fereday O B. $18,000 to Moreau: $62,000 to Fereday O C . $39,940 to Moreau: $40,560 to Fereday O D . $40,000 to Moreau: $40,000 to Fereday E. $38.500 to Moreau: $41,500 to Fereday