Which of the Following Is a Change in Accounting Principle

question 94

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 from FIFO to weighted average for inventory costing
• C) a change in the estimated allowance for bad debts
• D) a change in estimated future warranty expense

Master the structure of organizational information flow and feedback mechanisms.

Understand common barriers to effective communication.

Recognize and explain the concept of ethnocentrism in both personal and professional contexts.

Define and illustrate the importance of feedback in interpersonal communication.

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Definitions:

Intensively

In a manner requiring a high degree of effort, concentration, or resources, often aimed at achieving a specific goal or result.