Carman, Inc

question 4

Multiple Choice

Carman, Inc. properly reported a change in accounting principle during 2017. This company must

• A)have violated GAAP by not applying accounting principles consistently.
• B)have convinced its auditors that the environment in which it operates has changed and another method is more appropriate.
• C)be trying to cover up accounting errors.
• D)have initially used the wrong method.

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Definitions:

Evolutionary Perspective

A viewpoint focusing on how evolutionary theory, including the principles of natural selection, can explain behavioral and mental processes.

Loners

Individuals who prefer to be alone rather than in the company of others; often by choice and not necessarily due to antisocial behavior.

Reproduce

the biological process by which new organisms are generated, often seen as a fundamental feature of living entities.

Facebook

A social networking service where users can post comments, share photographs and links to news or other interesting content on the web, play games, chat live, and even stream live video.