【判断题】In accordance with IAS 37 Provisions, Contingent Liabilities and Contingent Assets, should the following situation result in the recognition of a provision in the statement of financial position?A man...
【单选题】A manufacturer provides warranties at the time of sale to purchasers of its product lines. Under the terms of the warranty, the manufacturer undertakes to repair or replace items that fail to perform ...
A.
At the time of sale.
B.
At the end of the warranty period.
C.
C When the company is notified of a claim.
D.
Never. A provision should not be recognized; rather the costs associated with the warranty should be expensed as incurred.