A Change from One Acceptable Accounting Method to Another Is

question 62

Multiple Choice

A change from one acceptable accounting method to another is reported

• A) on the statement of retained earnings, as a correction to the beginning balance
• B) on the income statement, below income from continuing operations
• C) on the income statement, above income tax expense
• D) through a retroactive restatement of prior period earnings

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Definitions:

Pulse Pressure

The difference between the systolic and diastolic blood pressure readings, indicating the force that the heart generates each time it contracts.

Palpated Blood Pressure

A technique for measuring blood pressure by feeling (palpating) the pulse while gradually deflating a blood pressure cuff, usually to estimate systolic blood pressure.

Auscultated Blood Pressure

The process of listening to the sounds of the blood flow using a stethoscope to measure blood pressure.

Korotkoff Sounds

Sounds heard over an artery when blood pressure is measured, useful for determining systolic and diastolic pressures.