Within the Codification, navigate to the Government Assistance topic. a. What paragraph within this topic provides transition guidance for this new topic? ASC Answer 1 832 - Answer 2 10 - Answer 3 65 - Answer 4 1 b. As of what date should a private company with a calendar year end begin applying this guidance? a. 3/31/22 b. 1/1/22 c. 12/31/21 d. 12/15/21 c. Why does all of the content within this topic appear in boxes, as pending content? Choose the best answer. a. Because the guidance is not yet fully effective for all entities. b. Because the guidance applies to private companies only. c. Because the guidance applies to public companies only. d. Because the FASB waits for 1 year after a standard's effective date then removes the boxes