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Post# of 704047
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coach2

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coach2

Re: Zeev Hed post# 195899

Thursday, 01/22/2004 9:02:11 AM

Thursday, January 22, 2004 9:02:11 AM

Post# of 704047
Companies use estimates to recognize income and are adjusted accordingly. A company that is on the accrul basis can't use a hybrid method ( cash for one source of income and accrual for another). Warranty expense is an example of a company using estimates.
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