Which of the Following Would Probably NOT Need to Be

question 91

Multiple Choice

Which of the following would probably NOT need to be disclosed in a footnote?

• A)Change of inventory methods
• B)A material change in estimated shrinkage
• C)A change in depreciation method
• D)A 10% increase in sales

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Definitions:

Price-sensitive

Referring to the characteristic of consumers whose buying decisions are greatly influenced by the price of a product or service.

Price Level

The average of current prices across the entire spectrum of goods and services in an economy, reflecting inflation or deflation.

Approaches

Methods or strategies employed in dealing with a problem or task.

Technology-enabled Products

Goods or services enhanced with technological features or capabilities, offering additional value or functionality.