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The FASB Accounting Standards Codification represents the single source of authoritative U.S. generally accepted accounting principles.
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1. Obtain the relevant authoritative literature on stock compensation using the FASB's Codification Research System at the FASB website (www.fasb.org). What is the specific citation that describes the information that companies must disclose about the exercise prices for their stock option plans?
2. List the disclosure requirements.
peaceful corporation manufactures figurines based on the following information.standard costs20materials 4 ounces at
megenity companys net income last year was 194000. changes in the companys balance sheet accounts for the year appear
daja and whitnee had capital balances of 140000 and 160000 respectively at the beginning of the current fiscal year.
After analyzing the accounts in the accounts receivable subsidiary ledger, the company's management estimates that uncollectible accounts will be $15,000. What will be the amount of uncollectible accounts expense reported on the income statement?
The following information is from the annual financial statements of Waseem Company. Compute its accounts receivable turnover for 2010 and 2011. Compare the two years results and give a possible explanation for any change
a company uses the fifo method for inventory costing. during a period a production department had 20000 units in
liman corporation has a single product whose selling price is 140 and whose variable expense is 70 per unit. the
gordeeva corporation began selling goods on the installment basis on january 1 2012. during 2012 gordeeva had
1.Refer to Piaggio's financial statements in Appendix A. What journal entry was likely recorded as of December 31, 2011, to close its Income Summary account?
two guys opened an ice cream shop in eugene. it was a big success so they decide to open a ice cream shops in many
thinken technology recently merged with college electronix ce a computer graphics manufacturing firm. in performing a
The Public Accounting Oversight Board (PCAOB) was created as a result of the Sarbanes-Oxley Act. It has oversight and enforcement responsibilities over accounting firms in the United States. What is the mission on the PCAOB?
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