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Accounting

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Incerpreting Warranty Liability Disclosures
The following disclosures were provided by Siemens AG in its 2020 annual report:
Product-related expenses
Provisions for estimated costs related to product warranties are recorded in line item Cost of sales at the time the related sale is recognized.
Note 18 Provisions
\table[[,Provision for Warranties,],[,Year Ended September 30**,],[(in millions of ,2020,2019],[Beginning balance,4,300,4,575
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