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Table 2A
Given the following table:
-What cause is suggested by the information in Table 2A?
Provisions
Liabilities of uncertain timing or amount, recognized on the financial statements for expected losses or expenses.
Defined Contribution Plans
A type of retirement plan where the employer, employee, or both make contributions on a regular basis, and future benefits depend on the investment's performance.
Employee Vacation Pay
Compensation owed to employees for the time they have accrued but not taken as vacation.
Warranty Costs
Expenses a company incurs for repairing or replacing defective products under warranty.
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