Navigate the Financial Accounting Standards Board Accounting Standards Codification, FASB ASC database at http://aaahq.org/ascLogin.cfm (Username: AAA52235; Password: zMEC95p) and identify an FASB ASC code that is relevant to each of the research questions below. For each question, provide the relevant code number with a short summary.

3.While preparing the financial statements for Standards Corp., Ash Roe decided that the creation of a direct-method cash flow statement in addition to a reconciliation of net income to cash flow was of little additional use to investors. Ash believes the cost of preparing this statement outweighs any benefits the investors would receive. Thus, he prepared only the reconciliation. Which section in the authoritative guidance best deals with the reconciliation of net income and cash flows from operations.

In order to increase the marketability of the stock, Mega Corp has decided to issue a stock dividend equal to 15% of its previously outstanding shares. Which section in the authoritative guidance describes the appropriate accounting treatment for this transaction?