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Unformatted text preview: extent of your learning before undertaking
activities that will reinforce it. The final portion of each lesson is titled Reinforce Your Learning. It
consists of questions, exercises, and problems for you to work through to
improve your understanding and retention of what you have learned. Do not
skip these items. The results of your performance on these end-of-lesson
activities are the best indicator of whether or not you are ready to move on to
the next lesson.
Navigating through the Learning Guide PDF Online
You may click on any section title listed in the Learning Guide table of contents to go
directly to the section. To return to the table of contents from that section, right click and
select ―Previous View.‖ You may also use the keyboard shortcut ―Alt+Left Arrow‖ to return
to the previous view. Notice
Specific Codification content and specific System features that appear in this
Learning Guide may have changed since this Learning Guide was published. Such changes
may affect the examples, illustrations, questions, exercises, and problems herein. Getting the Most Out of This Guide vi Sidebars
A sidebar looks
like this. Be sure
to read the ones
that appear in the
lessons of this
Learning Guide. LESSON Getting Started with the Codification 1 Lesson Scenario
Angela is an accountant who works for a manufacturing company. She just received
an email from her boss, Barry, who wants her to meet with him to discuss ―writing down‖ the
carrying value of certain inventory items. Angela is not familiar with the authoritative
accounting guidance for inventory write-downs, so she prepares for her meeting with Barry
by consulting the Codification.
Angela logs in to the System and proceeds to navigate through the various levels of
the Codification content. She goes first to the Assets Area, then within that Area to the
Inventory Topic, and then within that Topic to the Overall Subtopic. Finally, she goes to the
Subsequent Measurement Section of that Subtopic and begins reading about the
circumstances under which U.S. GAAP req...
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This note was uploaded on 03/27/2014 for the course ECON 12586 taught by Professor Yorambarzel during the Fall '09 term at University of Washington.
- Fall '09