Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: ASC 205 | Statement: [Presentation (Topic 205), citationForm, ASC 205]

Target entity: ASC 205
Context triple: [Presentation (Topic 205), citationForm, ASC 205]

• A. ASC 350 Intangibles—Goodwill and Other
  ASC 350 Intangibles—Goodwill and Other is a U.S. GAAP accounting standard that provides guidance on the recognition, measurement, and impairment testing of goodwill and other intangible assets.
• B. ASC 360 Property, Plant, and Equipment
  ASC 360 Property, Plant, and Equipment is a U.S. GAAP accounting standard that provides guidance on the recognition, measurement, depreciation, and impairment of long-lived tangible assets used in operations.
• C. ASC 505 Equity
  ASC 505 Equity is a section of U.S. GAAP that provides accounting guidance for equity-related transactions and instruments not covered by more specific standards, such as stock compensation.
• D. ASC 480 Distinguishing Liabilities from Equity
  ASC 480 Distinguishing Liabilities from Equity is a U.S. GAAP accounting standard that provides guidance on how to classify financial instruments as either liabilities or equity in an entity’s financial statements.
• E. ASC-1
  ASC-1 was a commercial communications satellite deployed into orbit during NASA’s Space Shuttle program.
• F. None of above. chosen
• G. Unsure - the case is ambiguous/there is not enough information to decide.

Target entity: ASC 205
Target entity description: ASC 205 is the section of the FASB Accounting Standards Codification that provides authoritative U.S. GAAP guidance on the overall presentation of financial statements.

• A. ASC 350 Intangibles—Goodwill and Other
  ASC 350 Intangibles—Goodwill and Other is a U.S. GAAP accounting standard that provides guidance on the recognition, measurement, and impairment testing of goodwill and other intangible assets.
• B. ASC 360 Property, Plant, and Equipment
  ASC 360 Property, Plant, and Equipment is a U.S. GAAP accounting standard that provides guidance on the recognition, measurement, depreciation, and impairment of long-lived tangible assets used in operations.
• C. ASC 505 Equity
  ASC 505 Equity is a section of U.S. GAAP that provides accounting guidance for equity-related transactions and instruments not covered by more specific standards, such as stock compensation.
• D. ASC 480 Distinguishing Liabilities from Equity
  ASC 480 Distinguishing Liabilities from Equity is a U.S. GAAP accounting standard that provides guidance on how to classify financial instruments as either liabilities or equity in an entity’s financial statements.
• E. ASC-1
  ASC-1 was a commercial communications satellite deployed into orbit during NASA’s Space Shuttle program.
• F. None of above. chosen