As per the cost constraint, the cost of providing the information must be weighed against the ___________ that can be derived from using it. 1. Sources 2. Documents 3. Losses 4. Benefits.

Which one of the following current liability includes Payroll deductions, compensated absences and bonuses to employee? 1. Sales taxes payable 2. Employee-related liabilities 3. Dividends payable 4. Customer advances and deposits.

Accrual-Basis method of accounting for warranty costs charge warranty costs to __________ in the year of sale. 1. Non-operating expense 2. Advertisement expense 3. Packing expense 4. Operating expense.