The accrual of restructuring costs creates obligations (liabilities) referred to as exit or disposal cost obligations.

Required:
1. Obtain the relevant authoritative literature on exit or disposal cost obligations using the FASB's Codification Research System. You might gain access at the FASB website (www.fasb.org). What is the Codification topic number that addresses this issue?
2. What is the specific citation that addresses the initial measurement of these obligations?
3. How are these obligations and related costs to be measured?
4. What is the specific citation that describes the disclosure requirements in the notes to the financial statements for exit or disposal obligations?
5. List the required disclosures.