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please cite sources as well from FASB Details Respond to the following using guidance in the Codification, Cite your sources for all responses, 15 points
please cite sources as well from FASB Details Respond to the following using guidance in the Codification, Cite your sources for all responses, 15 points each) 1. When should an irvestor, applying the "equity method" of accounting for an investment, recognize equity method income-in the period the inveitee ieports eamings, or in the period the investee declares a dividend? 2 In periods subsequent to the acquisition date in a business combination, how should an acquifer measure contingent fiabilities assumed? Assurne the continguncies were recognized as of the acquisition date. 3. Several assumptions are involved in an employer's measurement of its liabelity for defined benefit pension benefits. Name two of these asumptions. Hint: This h focated under the topic related to an ernployer's accounting for pensions; this differs from a pension plan's accountine 4. In periods subsequent to initial measurement, is goodwill amortized? Explain and cite the Codiffation reference for your response. 5. Once an entity has determined that it is probable of having an environmental remediation llability, what costs must the entity initialif y include irr its eatinated environmental remediation liability (an "environmental obligation")? Details Respond to the following using guidance in the Codification, Cite your sources for all responses, 15 points each) 1. When should an irvestor, applying the "equity method" of accounting for an investment, recognize equity method income-in the period the inveitee ieports eamings, or in the period the investee declares a dividend? 2 In periods subsequent to the acquisition date in a business combination, how should an acquifer measure contingent fiabilities assumed? Assurne the continguncies were recognized as of the acquisition date. 3. Several assumptions are involved in an employer's measurement of its liabelity for defined benefit pension benefits. Name two of these asumptions. Hint: This h focated under the topic related to an ernployer's accounting for pensions; this differs from a pension plan's accountine 4. In periods subsequent to initial measurement, is goodwill amortized? Explain and cite the Codiffation reference for your response. 5. Once an entity has determined that it is probable of having an environmental remediation llability, what costs must the entity initialif y include irr its eatinated environmental remediation liability (an "environmental obligation")
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