This assignment is comprised of researching several of the more current technical topicsin accounting and responding to several specific technical standard questions about thetopics. You may be asked to interpret how the technical standard is applied or what theobjective(s) of the related GAAP rules are attempting to address. Note that the FASC isnow the one and only source of the technical GAAP standards; other sources are nolonger accepted as GAAP.