Which of the Following Would Be Considered a Change That

question 46

Multiple Choice

Which of the following would be considered a change that affects consistency?

• A) Change in accounting estimate.
• B) Change in accounting principle.
• C) Change in classification and reclassification.
• D) All of the other options are correct.

---

Definitions:

Intellectual Functioning

A term referring to the cognitive capabilities of an individual, including reasoning, problem-solving, planning, abstract thinking, comprehension, and learning.

Extrafamilial

Pertaining to influences, relationships, or activities that occur outside of the family environment.

Resilient

The ability of an individual to recover quickly from difficulties or adapt to challenging situations with flexibility.

Historical Factors

Elements or circumstances from the past that influence present conditions or situations.