Changes in Accounting Estimates Include

question 76

Multiple Choice

Changes in accounting estimates include:

• A) changes in expected warranty costs on goods sold under guarantee.
• B) changes in the expected pattern of consumption of economic benefits of depreciable assets.
• C) changes in the provision for inventory obsolescence.
• D) all of the given answers.

---

Definitions:

Placidity

The quality of being calm, peaceful, or tranquil.

Rhythmicity

The predictability of an individual’s sleep, feeding, elimination, and other biological cycles. An aspect of infant temperament.

Biological Regularity

Patterns or rhythms observed in biological processes, such as sleep-wake cycles, that are consistent and predictable.

Cooing Sounds

Early vocalizations made by infants, typically consisting of soft, vowel-like sounds, and seen as a precursor to babbling.