From the case study, in 2009, the FASB issued a ruling relat

From the case study, in 2009, the FASB issued a ruling related toincome recognition from multiple element sales involving software tovarious stakeholder groups. Evaluate the impact of Apple’s retrospectiverestatement of its financial statements resulting from FASB’s ruling.Provide support for your rationale.From the case study, examine the influence of both Apple’s reporteddeferred revenue and the lobbying by Apple executives on FASB’s ruling.Indicate your agreement or disagreement with Apple’s attempt toinfluence FASB’s ruling.https://www.slideshare.net/SofiaDZ/case-study-appl…