Business, 26.02.2020 22:10 fathimasaynas2384
Access the FASB’s Accounting Standards Codification at the FASB website (www. fasb. org). Required: Determine the specific nine-digit Codification citation (XXX-XX-XX-XX) for accounting for each of the following items: 1. What are the five key steps to applying the revenue recognition principle? 2. What are indicators that control has passed from the seller to the buyer, such that it is appropriate to recognize revenue at a point in time? 3. Under what circumstances can sellers recognize revenue over time?
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How should the environmental effects be dealt with when evaluating this project? the environmental effects should be ignored since the plant is legal without mitigation. the environmental effects should be treated as a sunk cost and therefore ignored. if the utility mitigates for the environmental effects, the project is not acceptable. however, before the company chooses to do the project without mitigation, it needs to make sure that any costs of "ill will" for not mitigating for the environmental effects have been considered in the original analysis. the environmental effects should be treated as a remote possibility and should only be considered at the time in which they actually occur. the environmental effects if not mitigated would result in additional cash flows. therefore, since the plant is legal without mitigation, there are no benefits to performing a "no mitigation" analysis.
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Business, 23.06.2019 23:30
In rural areas electrical power is often sold by that take advantage of the government's policy to sell them electricity at wholesale rates. limited partnerships mutual funds franchises cooperatives
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Access the FASB’s Accounting Standards Codification at the FASB website (www. fasb. org). Required:...
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