What is the correct FASB ASC codification topic-subtopic-section- paragraph for the following:

1. Lanny Financial offers credit cards to college students at a variable rate on outstanding balances. The company also charges an annual fee for using the line of credit. Which section of the authoritative literature best defines how and when Lanny should recognize the annual fee revenue?

2. Assume that you are assigned to the audit of Hughes Corporation. Hughes is attempting to determine whether an error in the prior year’s financial statement is material. Which section of the Professional Standards provides guidance on this matter?

3. You have been asked to research the professional literature to determine how to account for prior service cost or credits for a single-employer defined benefit pension plan. Place the citation excerpt from the professional standard that provides this information in the box below.

Assume that you are assigned to the audit of Swartz Corporation. The Controller of Swartz has asked you to describe the guidance in the professional standards that indicate when the equity method of accounting for investment is generally required. Which section of the Professional Standards provides guidance on the percentage of ownership that generally results in the use of the equity method for the investment?

5. Assume that you are assigned to the audit of Whitman Corporation. The CFO of Whitman is working on developing the required information regarding business segments and has asked you to explain the tests to determine if a company must report information about a particular operating segment. Which section of the Professional Standards provides the tests that determine when a company must report information about an operating segment?