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please explain in details FASB Codification Case Access the FASB Codification and prepare responses to the following questions, providing Codification references to support your answers.

please explain in details

FASB Codification Case

Access the FASB Codification and prepare responses to the following questions, providing Codification references to support your answers.

    1. Access the glossary and give the definitions for:
      1. Firm fixed-price contract
      2. Amortized cost
      3. Impairment
    2. Are there SEC documents as a part of this Codification? If yes, where are they located?
    3. Do all firms need to follow this SEC guidance? If not, which companies do not have to follow this SEC guidance?

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