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This excerpt taken from the GMTN 10-K filed Apr 19, 2007. Use
of Estimates—The preparation of financial
statements in conformity with U.S. generally accepted accounting principles
requires management to make estimates and assumptions that affect the reported
amounts of assets and liabilities and the disclosure of contingent assets and
liabilities at the date of the financial statements and the reported amounts of
revenues and expenses during the reporting period.
60 Management’s estimates relate primarily to the valuation of receivables and inventories and the recorded amounts of certain accrued liabilities. Ultimate results could differ from those estimates. This excerpt taken from the GMTN 10-K filed Apr 13, 2006. Use
of Estimates—The preparation of financial
statements in conformity with U.S. generally accepted accounting principles
requires management to make estimates and assumptions that affect the reported
amounts of assets and liabilities and the disclosure of contingent assets and
liabilities at the date of the financial statements and the reported amounts of
revenues and expenses during the reporting period. Management’s estimates
relate primarily to the valuation of receivables and inventories and the
recorded amounts of certain accrued liabilities. Ultimate results could differ
from those estimates.
This excerpt taken from the GMTN 10-K filed Apr 29, 2005. Use of Estimates - The preparation of
financial statements in conformity with U.S. generally accepted accounting
principles requires management to make estimates and assumptions that affect
the reported amounts of assets and liabilities and the disclosure of contingent
assets and liabilities at the date of the financial statements and the reported
amounts of revenues and expenses during the reporting period. Management’s
estimates relate primarily to the valuation of receivables and inventories and
the recorded amounts of certain accrued liabilities. Ultimate results could
differ from those estimates.
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