For each of the following issues, indicate which Codification section should be consulted. Determining the timing for when an entity should recognize revenue. Answer 1 This section provides general information on the Codification topic. If you are looking at an unfamiliar Codification topic for the first time, this section is a good place to start. Answer 2 Recording the effects of inventory obsolescence. Answer 3 Determining what amount (from within a range of possible losses) to record for a loss contingency. Answer 4 Determining whether an event occurring after the balance sheet date (a subsequent event) should be recorded