A Change in Accounting Principle Occurs When the Principle Used

question 190

True/False

A change in accounting principle occurs when the principle used in the current year is different from the one used by competitors in the current year.

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Definitions:

Criteria Row

A feature in database and spreadsheet software where users can specify conditions that data must meet for it to be displayed or selected.

Datasheet View

A way of displaying data in a database program that shows information in a tabular form, similar to a spreadsheet.

Navigation Pane

A graphical user interface component that provides a structured and easily navigable overview of the contents of a document, application, or website.

Shortcut Menu

A context-sensitive menu that appears upon right-clicking in a software application, providing quick access to frequently used functions related to the selected object.