All of the following represent costs of providing financial information except

processing/preparing.

disseminating.

accessing capital.

auditing.

Which of the following basic accounting assumptions is threatened by the existence of severe inflation in the economy?

Periodicity assumption

Economic entity assumption

Going-concern assumption.

Monetary unit assumption

Which of the following is a benefit of providing financial information?

Auditing

Improved allocation of resources

Potential litigation

Disclosure to competition

Which of the following is not a basic assumption underlying the financial accounting structure?

Going concern assumption

Periodicity assumption

Economic entity assumption

Historical cost assumption