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Facebook was sued by advertisers for exaggerating performance metrics. In October 2019, Facebook lost a $40m settlement but continues to claim their innocence and is

Facebook was sued by advertisers for exaggerating performance metrics. In October 2019, Facebook lost a $40m settlement but continues to claim their innocence and is appealing the verdict. Facebooks FYE is Dec. 31

1a. What is the accounting transaction at October 2019?

1b. What is the accounting transaction at FYE?

2a. What are the audit procedures at October 2019?

2b. What are the audit procedures at FYE?

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