Use the FASB Codification to answer the following questions. There is a specific, correct answer to each of the following questions. Keep looking in the Codification until you find the reference that directly responds to these questions.

$1.$ In the following reference, label the Topic, Subtopic, Section, and Paragraph. Also, provide the description from the Codification for each of these $($e$.$g$.,$ the description for Topic $842$ is Leases$).$ Here$$s the reference: ASC $310-10-30-1.$

$2.$ Name four of the topics listed within the Broad Transactions area.

$5.$ a$.$ Using the $$show sources$$ feature within the Codification, provide the FASB Statement No$.$ and paragraph that correspond to ASC $820-10-35-3.$

b$.$ Using the $$Other Sources$$ list on the left side of the Codification, go to pre$-$Codification standards. What is the full name of this FASB Statement that you identified in $($a$)$ above?

c$.$ Next, go to the Basis for Conclusions of the standard $($as amended$)$ that you identified in step $($b$).($To find this, you might start in the standard$$s Contents list on page $4.)$ Considering the introduction to the Basis for Conclusions, describe two reasons for which this standard was issued.

d$.$ Finally, did any FASB Board members dissent to the issuance of this FASB statement? Explain.

$6.$ Use the $$keyword search$$ feature to answer part $($a$).$

a$.$ Find the ASC reference $($ASC xxx$-$xx$-$xx$-$x$)$ for the following guidance excerpt: $$An entity shall recognize in the financial statements the effects of all subsequent events that provide additional evidence about conditions that existed at the date of the balance sheet..."

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.

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

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

$12.$ 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.

For the next question, answer using the FASB Codification and cite your source down to the paragraph$[$s$].$ Respond using complete sentences.

$15.$ What are two examples from the Codification of $$nonauthoritative$$ sources of GAAP?