(Answered) Fasb codification systemaccess the fasb online website and

Accounting

FASB Codification System

Access the FASB Online website and familiarize yourself with the contents.

Write a 350- to 650-word paper in which you answer the following questions:

• What is the FASB Codification System?

• What is the purpose of the FASB Codification System?

• What are the nine content areas located in the FASB Codification System? What types of items are located under each content area?

Format your paper consistent with APA guidelines.

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