Question: Requirement 1 Based on the information you have been provided to this point, answer the following questions: A. Did the staff accountant's explanation of the

Requirement 1 Based on the information you have been provided to

this point, answer the following questions: A. Did the staff accountant's explanation

Requirement 1 Based on the information you have been provided to this point, answer the following questions: A. Did the staff accountant's explanation of the facts seem complete and accurate? B. Do you concur with the staff accountant's "conclusion" to record the $5,000,000 amount in the next fiscal year and perhaps include a footnote disclosure in this year's financial statements

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