Use the "advanced search" feature $($search by exact phrase$)$ to answer part $($a$).$

a$.$ Find the ASC reference $($ASC $x-xx-xx-x)$ for the following guidance excerpt:

"The acquirer shall recognize separately from goodwill the identifiable intangible assets acquired in a business combination."

b$.$ Does this guidance $($that is$,$ in the ASC subtopic just identified$)$ apply to private companies? Explain why or why not. Cite your sources.

For the next set of questions, identify the ASC reference$-$down to the paragraph level of detail$-$that you would look to for guidance on each issue.

$7.$ Guidance on whether equity spinoff transaction guidance in the Codification applies to nonpublic entities.

$8.$ Criteria for determining whether a lease should be classified as a finance lease or an operating lease.

$9.$ Criteria for determining whether information about an operating segment should be reported separately $($i$.$e$.,$ as a reportable segment$)$ in the notes to a company's financial statements.

$10.$ SEC guidance describing required disclosures in the event of a LIFO liquidation, an inventory concept.

$11.$ Guidance stating that the issuance of stock after the balance sheet date should be treated as an nonrecognized subsequent event.

Please answer question $7-11$