Phloem is a conductive (or vascular) tissue found in plants. Phloem carries the products of photosynthesis (sucrose and glucose) from the leaves to other parts of the plant. â¦ The corresponding system that circulates water and minerals from the roots is called the xylem.
Notes to editors. The revenue Standard will be introduced into the FASBâs Accounting Standards CodificationÂ© as Topic 606 by Accounting Standards Update 2014-09 Revenue from Contracts with Customers. Topic 606 replaces the previous guidance on revenue recognition in Topic 605.
Source: SAS No. 21. The Auditing Standards Board (ASB) has rescinded SAS No. 21, Segment Information, effective for audits of financial statements to which Financial Accounting Standards Board (FASB) Statement No. 131, Disclosures about Segments of an Enterprise and Related Information, has been applied.