CERTYNEX IFRS ACADEMY

In assessing whether a warranty provides a service in addition to the assurance of compliance with agreed-upon specifications, which of the following makes such a service more likely?

The warranty is required by law.

The coverage lasts considerably longer than the usual period.

The only task promised is to ship the defective product back to restore its compliance.

The warranty only provides assurance that the product complies with agreed-upon specifications.