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11. (5 points) Describe the issues with revenue recognition before the introduction of ASU 2014-09 (Revenue from Contracts with Customers). 12. (5 points) Henley, the
11. (5 points) Describe the issues with revenue recognition before the introduction of ASU 2014-09 (Revenue from Contracts with Customers). 12. (5 points) Henley, the new accountant hired at your company, is confused out the elements of pension expense. They cannot remember why pension expense would consider expected return instead of actual return. Can you thoroughly explain to Henley the rationale behind including expected return in pension expense
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