Which quarter should an expense and related liability be, Financial Accounting

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Which quarter should an expense and related liability be

Problem 1: Moana Thurman announces a plan to significantly restructure its operations, which will involve, among other things, laying off employees. In which quarter below should an expense and related liability be recognized for expected severance payments to terminated employees? How does the timing of recognition affect: 1) relevance? 2) reliability?

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Financial Accounting: Which quarter should an expense and related liability be

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