GAAP and Accrual Accounting Flashcards
1
Q
Measurement method of Long-term receivables
A
Present value of future cash flows
2
Q
Measurement method of Warranty Obligations
A
Net realizable value or settlement rate
3
Q
Measurement method of Accounts Receivable
A
Net realizable value or settlement rate
4
Q
Measurement method of AFS and Trading Securities
A
Current Market Value