What Effect Will This Adjustment Have on the Accounting Records

question 80

Multiple Choice

What effect will this adjustment have on the accounting records?

• A) increase net income
• B) increase revenues reported for the period
• C) decrease liabilities
• D) all of these

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Definitions:

External Consultants

Professionals brought into an organization from outside to provide specialized expertise, advice, or solutions that internal staff may not possess.

Diffusion Of Change

The process by which an innovation is communicated over time among the participants in a social system.

Organizational Systems

pertain to the structured and coordinated set of procedures, processes, and routines that an organization establishes to achieve its goals.

Refreezing

The final stage in the change process where new behaviors are solidified into the culture and practices of an organization.