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product warranty cost

(Dictionary)

Author:
Harold Averkamp, CPA, MBA

Definition

The cost of repairing or replacing previously sold products during their warranty periods.

Dictionary

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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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