Describe each study’s research methods, findings, and policy implications.

Summarize deterrence theory and its policy implications. In your description of the theory, be sure to describe
specific and general deterrence.
Next, summarize the research conducted by Stafford and Warr. What gaps were they trying to address? What is
their main theoretical argument, what did they do (i.e., what research methods did they use), and what did they find?
What are the policy implications of their research? Provide examples of how Stafford and Warr’s theory has applied
to your life or the life of someone you know. Do you think this is a good theory? Explain your reasoning.
Imagine you were discussing the death penalty with Stafford and Warr. How do you think they would feel about the
policy? Would they show any concerns about it? Why or why not?
Finally, locate four research articles that investigate the effects of the death penalty on crime (likely homicide rates).
What research gap(s) was each study trying to address? Describe each study’s research methods, findings, and policy
implications. Overall, do these articles support (general) deterrence? Explain.

Explain when segment reporting quantitative thresholds requires a public company to report separate information about an operating segment.

Overview

The FASB Accounting Standards Codification (ASC) refers to the set of authoritative generally accepted accounting principles (GAAP) that the FASB recognizes. The core purpose of the codification is to establish a user-friendly way to follow best practices when applying GAAP for accounting professionals and companies. FASB Codification recommends that GAAP be applied to nongovernmental entities.
Directions

Use the Master Glossary and FASB Accounting Standards Codification found in your module resources. The complete FASB Codification will need to be cited. An example of a complete FASB Codification reference is: 820-10-30-02. Be sure to include citations for any answers you need to explain or define.

Master Glossary

Define ordinary income (loss).
Define error in previously issued financial statements.
Define earnings per share.
List the three characteristics included in the definition of a publicly traded company.

FASB Codification Research

Cite the complete FASB Codification reference used for the characteristics of related parties.
Describe at least four examples of related parties.
Cite the complete FASB Codification reference used for the explanation of segment reporting.
Explain when segment reporting quantitative thresholds requires a public company to report separate information about an operating segment.
Cite the complete FASB Codification reference used for the explanation of interim reporting relating to SEC-registered companies.
Explain whether it is acceptable for an SEC-registered company to state the impracticality of determining components of inventory using the gross profit method in their interim reporting. Consider the following questions to guide your response:
Is it acceptable?
Would a public company count inventories during each interim period?
Will management be able to make reasonable estimates of inventory estimates? Why or why not?