FASB Statements 78-93

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.

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	Word Clue	Scrambled Answer	Unscrambled Answer
1.	Statement of Financial Accounting Standards No. 78 (SFAS 78) amends ARB No. 43 in the area of obligations that are _____________ by the creditor.	BELLLACA	CALLABLE
2.	SFAS 84 pertains to the induced _______________ of convertible debt.	SCIONEVORNS	CONVERSIONS
3.	SFAS 86 provides guidance for costs of computer _____________ to be sold, leased, or marketed.	AFORTSEW	SOFTWARE
4.	SFAS 87 is entitled Employers' Accounting for ____________.	NOSNIPES	PENSIONS
5.	SFAS 88 is entitled Employers' Accounting for Settlements and Curtailments of Defined Benefit Pension Plans and for ______________ Benefits.	AREMITINTON	TERMINATION
6.	SFAS 89 involves __________ prices.	NGGAINCH	CHANGING
7.	SFAS 90 amends SFAS 71 in the area of ____________ enterprises' abandonments and disallowances of plant costs.	TREADGLUE	REGULATED
8.	SFAS 91 amends several SFAS pronouncements pertaining to certain fee and costs associated with loans and ____________.	SEASEL	LEASES
9.	SFAS 92 amends SFAS 71 in the area of regulated enterprises' _________-in plans.	HEAPS	PHASE
10.	SFAS 93 involves _________________ by not-for-profit organizations.	CREEPTINOIAD	DEPRECIATION

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