The FASB Has Issued Five Standards That Have Direct Applicability

question 40

Essay

The FASB has issued five standards that have direct applicability to private,not-for-profit entities.From the list given below,match each standard to the area it deals with.

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Definitions:

Planned Shopping Centers

Specially designed retail spaces or complexes that include a variety of stores and services in a prearranged layout.

Traffic Flows

The movement and management of vehicles and pedestrians within an infrastructure, often studied to improve efficiency, reduce congestion, and enhance safety.

Optimize Shopper Convenience

Designing retail and online shopping experiences to be as easy, efficient, and enjoyable as possible for the consumer.

Operational Efficiency

The ability of an organization to reduce waste and maximize output from its resources without sacrificing quality.