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Business, 11.02.2020 00:54 zakiyacarlton

In a recent annual report, Apple Computer reported the following in one of its disclosure notes: "Warranty Expense: The Company provides currently for the estimated cost for product warranties at the time the related revenue is recognized." This note exemplifies Apple's use of:

1) Conservatism
2) Matching
3) Realization principle
4) Economic entity

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In a recent annual report, Apple Computer reported the following in one of its disclosure notes: "Wa...
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