Which of the following would not be considered a present obligation? An amount owing for goods purchased on credit last month, but not due until 30-days' time Costs to repair or replace faulty goods sold in the current period, but only if the customer returns the goods within the warranty period The principal owing on a 5-year interest-only loan All of these alternatives - none of them are present obligations Next month's salary of an existing employee Question 9 1 pts Which of the following would be considered a breach of the qualitative characteristic of relevance? Omitting details about very complex financial instruments because only a few users would understand them All of these would be considered a breach of the qualitative characteristic of relevance Using the cost basis for measuring the carrying amount of equipment Separately disclosing interest as an expense despite the fact its dollar amount is immaterial Reporting the cost of petrol in the tanks of a fleet of buses of a bus company as an expense at the reporting date