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.

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Definitions:

Unintentionally

This describes an action or outcome that occurs without intention, planning, or deliberate effort, often resulting in unintended consequences.

Public Education

An education system that is publicly funded, managed by government bodies, and available to all citizens, typically offering primary and secondary education.

Domestic Violence

A conduct style present in relationships, designed to obtain or retain authority and dominion over a partner with whom one is intimately involved.

Marital Rape

The act of sexual assault perpetrated by a spouse against their partner without consent.