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Access the FASB Accounting Standards Codification at the FASB website (www.fasb.org). Required: Determine the specific citation for accounting for each of the following items: 1.What

Access theFASB Accounting Standards Codificationat the FASB website (www.fasb.org).

Required:

Determine the specific citation for accounting for each of the following items:

1.What determines the timing of revenue recognition with respect to licenses of symbolic intellectual property?

2.What indicators suggest that a seller is a principal rather than anagent?

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