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Fantom [35]
3 years ago
6

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:(A) Conservatism.(B) Matching.(C) Realization principle.(D) Economic entity.
Business
1 answer:
saul85 [17]3 years ago
6 0

Answer: The matching principle (B)

Explanation:

Matching principle states that all expenses must be recorded in the same period as the revenue that was earned

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E. Positioning

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