Which of the Following Is a Change in Accounting Principle

question 42

Multiple Choice

Which of the following is a change in accounting principle?

• A)A change in the estimated service life of machinery
• B)A change estimated allowance for bad debts
• C)A change in the estimated future warranty expense
• D)A change from FIFO to weighted average for inventory

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Definitions:

Extern

A keyword in C and C++ programming languages used to declare a variable or function in another file.

New Variable

The process of declaring a memory space for storing values, with a specific type in programming.

Pointer Variable

A pointer variable is a variable that stores the memory address of another variable, enabling direct memory access and manipulation in programming.

Store Address

Relating to storing or saving a memory address in a programming context, often used in variables to reference locations.