Which of the Following Is a Change in an Estimate

question 16

Multiple Choice

Which of the following is a change in an estimate?

• A)A company changes the presentation of operating expenses from "by function" to "by nature."
• B)An enterprise switches from the gross method to the net method of presenting government grants.
• C)A temporary difference was treated as a permanent difference.
• D)The useful life on a building was originally estimated to be 20 years but the estimated useful life of the building is changed to only 15 years as at the beginning of the year.

---

Definitions:

Low-Performing

Referring to an individual or entity that fails to meet expected or standard levels of productivity or achievement.

Friendly Competitive

A situation in which competitors interact in a positive and supportive manner while still striving to win.

Supervisory Skills

The set of abilities and competencies that a person needs in order to oversee, guide, and motivate employees effectively.

Acknowledgement Skills

The capacity to recognize and validate the feelings, thoughts, or contributions of others.