Any Errors or Adjustments Resulting from Changes in Accounting Policies

question 16

Multiple Choice

Any errors or adjustments resulting from changes in accounting policies that are accounted for retrospectively requires:

• A) a retrospective adjustment to basic earnings per share only
• B) a retrospective adjustment to diluted earnings per share only
• C) no retrospective adjustment to either basic or diluted earnings per share
• D) a retrospective adjustment to both basic and diluted earnings per share

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Definitions:

Double-blind

A study or clinical trial design in which neither the participants nor the experimenters know who is receiving a particular treatment, to prevent bias.

Dependent Variable

A variable that an experimenter predicts will be affected by manipulations of the independent variable.

Experimenter's Manipulations

The deliberate changes or variations introduced by researchers in an experiment to investigate their effects on the outcome.

Extraneous Variable

Any variable that is not intentionally studied in the experiment which can affect the outcome of the research if not controlled.