A Change in Accounting Estimate Is

question 56

Multiple Choice

A change in accounting estimate is

• A)Reflected only in current and future financial statements
• B)Reflected in current and future financial statements and also requires modification of past statements
• C)A change in a calculated amount used in the financial statements resulting from new information or subsequent developments and from better insight or improved judgment
• D)Both reflected only in current and future financial statements and a change in a calculated amount used in the financial statements resulting from new information or subsequent developments and from better insight or improved judgment
• E)None of these

Recognize the importance of sourcing information legally and ethically for projects.

Understand the significance and application of green computing practices.

Appreciate how technology facilitates collaboration and communication in both educational and professional settings.

Identify careers related to the application of technology in criminal justice.

---

Definitions:

Buying Center

A group of individuals within an organization who are involved in making purchase decisions, often with different roles and responsibilities.

Users

Individuals or entities that utilize products or services for their intended purpose or benefit.

Consume

The act of using up a product or service, often involving the purchase of goods for personal use.

Buying Center

A group of individuals within an organization who are involved in making a purchasing decision.