EXERCISES Use the FASB Codification to answer the following questions. There is a specific correct answer to each of the following question. Keep looking in the Calification will you find the reference that directly responde to these questions, 1. Suppose you wanted to understand how interest me be remed classified in the state ment of cash flows & Show how you would tavigate to the prugate punce in the Swatopics feature on the left side of the screen ample: licencies to comment Now provide the numerical ASC the dance prap What scarch) might to performance to this guidance Wut is the Codification reference ASC med specified statement of cash flows guidance for entities in the Real Estate-Time 2. Describe how you would see to the Retirement Benefit Defined Benefit Pan-Pemin topic within the Codification 3. In the following reference label the Topic Subcapi. Section and Pag Apride the description from the Codification for each of these is the description for Topic Lees. Here's the reference ASC 210-30-45-1 4. Name three of the poststed within the Bad 5. . Go to the tab entitled or reference Compare What is the FASB Sutement No. that corresponds to Topic 480-10 (Distinguisher Equity Using the other sources the left side the Code ape Codification standards. What is the full name of this FASB Schat elib Nest, go to the basis for Canch other amended that you identified in epidi (To find this you might want in the Mandards Cordering the introduction the Basis for Conclusion describe for which this Finally, did y FASB Board memben demo theme of FAST Explain 6. Use the advanced search fearch by cat Find the ASC reference (ASC) for the "The acquirer shall recognize any trom goodwill the essed in a busi es com Does this guidance that is in the ASC jedi apply to private companies Explain why or why not. Citer your For the next set of questions, identify the ASC reference to the paragraph belofted that you would look to for guidance on each 7. Guidance on whether equity pinoff guidance in the Codification applies te & Cren for determining whether as she wife raporting Criteria for determining whether informatie te should be reportedly, arptable in the notes to communi 10 SEC quidance describing required disclosures in the cena LIFO man may concept II. Guidance stating that the of stock after the balance sheet die hul bersed quente 12. Former above describe the browse path you would locate this once For the next set of questions, anwer each question using the FASBC and cite your row to the paragraphs Responding complete wees 13. Provide two camples from the Codification of GAAR 14. Are dalle parts within the cape of dece? 15. SEC guidance considered the GAAPAN sa SEC guidance howed within the Codification 16. Should pud expenses he classified with the 17. When she way wed the effects of clumes is alwandige 18. What is the societies EXERCISES Use the FASB Codification to answer the following questions. There is a specific correct answer to each of the following question. Keep looking in the Calification will you find the reference that directly responde to these questions, 1. Suppose you wanted to understand how interest me be remed classified in the state ment of cash flows & Show how you would tavigate to the prugate punce in the Swatopics feature on the left side of the screen ample: licencies to comment Now provide the numerical ASC the dance prap What scarch) might to performance to this guidance Wut is the Codification reference ASC med specified statement of cash flows guidance for entities in the Real Estate-Time 2. Describe how you would see to the Retirement Benefit Defined Benefit Pan-Pemin topic within the Codification 3. In the following reference label the Topic Subcapi. Section and Pag Apride the description from the Codification for each of these is the description for Topic Lees. Here's the reference ASC 210-30-45-1 4. Name three of the poststed within the Bad 5. . Go to the tab entitled or reference Compare What is the FASB Sutement No. that corresponds to Topic 480-10 (Distinguisher Equity Using the other sources the left side the Code ape Codification standards. What is the full name of this FASB Schat elib Nest, go to the basis for Canch other amended that you identified in epidi (To find this you might want in the Mandards Cordering the introduction the Basis for Conclusion describe for which this Finally, did y FASB Board memben demo theme of FAST Explain 6. Use the advanced search fearch by cat Find the ASC reference (ASC) for the "The acquirer shall recognize any trom goodwill the essed in a busi es com Does this guidance that is in the ASC jedi apply to private companies Explain why or why not. Citer your For the next set of questions, identify the ASC reference to the paragraph belofted that you would look to for guidance on each 7. Guidance on whether equity pinoff guidance in the Codification applies te & Cren for determining whether as she wife raporting Criteria for determining whether informatie te should be reportedly, arptable in the notes to communi 10 SEC quidance describing required disclosures in the cena LIFO man may concept II. Guidance stating that the of stock after the balance sheet die hul bersed quente 12. Former above describe the browse path you would locate this once For the next set of questions, anwer each question using the FASBC and cite your row to the paragraphs Responding complete wees 13. Provide two camples from the Codification of GAAR 14. Are dalle parts within the cape of dece? 15. SEC guidance considered the GAAPAN sa SEC guidance howed within the Codification 16. Should pud expenses he classified with the 17. When she way wed the effects of clumes is alwandige 18. What is the societies
