$1.$ Consider the principles $,$ assumptions $,$ and constraints of Generally Accepted Accounting Principles $($GAAP$).$ Define the revenue recognition principle and explain why it is important to users of financial statements. $2.$ Provide one specific example of how WorldCom violated the revenue recog$-$ nition principle in this situation $.$ In your description $,$ please identify a journal entry that may have been used by WorldCom to commit the fraud $.$