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a.Determining the level of provision for warranty

a.Determining the level of provision for warranty

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Which of the following decision-making process does not require management discretion? a.Determining the level of provision for warranty b.making decisions about whether or not to adopt AASB in preparing financial statement in Australia c.Determining a useful life of property, plant and equipment d.Whether to use fair value or historical cost method to value buildings e.None of the above
Transcribed Image Text:Which of the following decision-making process does not require management discretion? a.Determining the level of provision for warranty b.making decisions about whether or not to adopt AASB in preparing financial statement in Australia c.Determining a useful life of property, plant and equipment d.Whether to use fair value or historical cost method to value buildings e.None of the above
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