FASB Statements 62-73

The following questions pertain to Statements of Financial Accounting Standards (SFAS), which have been issued by the Financial Accounting Standards Board (FASB). You can read the FASB's official pronouncements at no cost on its website www.FASB.org.

NOTE: To see each answer, place your cursor in the middle of the cell under "Unscrambled Answer".

	Word Clue	Scrambled Answer	Unscrambled Answer
1.	Statement of Financial Accounting Standards No. 62 (SFAS 62) pertains to the capitalization of interest involving certain tax-exempt _______________, gifts and grants.	IGROWNROBS	BORROWINGS
2.	SFAS 63 is entitled Financial Reporting by _____________________.	STORESCABARD	BROADCASTERS
3.	SFAS 65 involves certain ____________ banking activities.	GERMGOTA	MORTGAGE
4.	SFAS 66 pertains to ________ of real estate.	ELASS	SALES
5.	SFAS 67 is entitled Accounting for Costs and Initial ___________ Operations of Real Estate Projects.	TARELN	RENTAL
6.	SFAS 68 is entitled Research and Development _________________.	GRANTMEANERS	ARRANGEMENTS
7.	SFAS 69 involves _______________ about oil and gas producing activities.	RESCUSOLIDS	DISCLOSURES
8.	SFAS 71 pertains to certain types of __________________.	TONGALERIU	REGULATION
9.	SFAS 72 provides guidance in the ________________ of banking or thrift institutions.	QUITACIONSI	ACQUISITION
10.	SFAS 73 involves the accounting for ______________ track structures.	LIARDRAO	RAILROAD

Get access to the printable (PDF) version of our puzzles when you join AccountingCoach Pro.

Accounting Exams

1,660 total exam questions

Bookkeeping Proficiency Exam

Financial Accounting Exams

Managerial & Cost Accounting Exams

Financial Ratios Exam

These exams are only available in our new AccountingCoach Pro members area.

Receive our popular 19-page Cheat Sheet at no cost when
you join our free newsletter: