Which of the Following Would Not Be Considered a Change

question 81

Multiple Choice

Which of the following would not be considered a change in accounting principle?

• A) Changing the estimated percentage used in calculating bad debt expense
• B) Changing the inventory costing method used from FIFO to LIFO
• C) Changing from straight-line depreciation to double-declining balance depreciation
• D) Changing from the cost method of accounting for investments to the equity method

Acknowledge the influence of cultural differences on communication practices.

Recognize the difference between formal and informal communication channels.

Understand the barriers to effective communication in the workplace and strategies to overcome them.

Understand the different types of torts and the legal principles that govern them.

---

Definitions:

Generous Person

An individual known for giving more of something, especially money or time, than is strictly necessary or expected.

False Consensus Hypothesis

The tendency to overestimate the extent to which others share our beliefs, attitudes, and behaviors.

Fundamental Attribution Error

A cognitive bias in social psychology where people underestimate situational influences and overestimate dispositional influences on others' behavior.

Save Face

The act of striving to maintain one's dignity, honor, or reputation in the face of embarrassment or shame.