Researching a Fortune 500 Company.;There are several financial research databases that provide access to data on public companies' financials.;Using an online database, research a Fortune 500 company applying FAS161.;(1) Describe the purpose and scope of FAS 161;(2) Describe the company and their need for using FAS 161.;(3) How would the firm outline the basis for accounting decisions with respect to FAS 161?
Researching a Fortune 500 Company
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