USGAAP Requires That Changes in Estimates Be Accounted for by Recognizing

question 39

Short Answer

U.S.GAAP requires that changes in estimates be accounted for by recognizing the effect ________________________________________ period(s).

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Definitions:

Cash Dividends

Payments made by a corporation to its shareholders, usually as a distribution of profits.

Dividends

Payments made by a corporation to its shareholder members, usually derived from the firm's earnings.

Variance

A measure of the spread between numbers in a data set, showing how much the numbers differ from the average.

Black-Scholes OPM

A mathematical model used for pricing European-style options, incorporating factors such as stock price volatility and time to expiration.