1.Some expenses may be difficult to be linked to revenue. Provide an example of such expense, and how such expense would be designated in a company's financial statement.

2.Explain how expense under accrual accounting is different from cash accounting. Use an example as well to illustrate.

3.What is provision for warranty?

4.Explain how provision of warranty cost is treated in the financial statements of a company?

Provide an example to illustrate.