Examlex
Which of the following items would not be accounted for under current GAAP as a change in estimate?
Misunderstandings
Situations or instances where communication between parties is not correctly interpreted, leading to confusion or conflict.
Avoided
Refers to something deliberately not done or engaged with.
Misconception
A mistaken belief or incorrect understanding about something.
Engaged
Being actively involved or committed to an activity, cause, or task.
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