The Cumulative Effect of Most Changes in Accounting Principle Is

question 95

Multiple Choice

The cumulative effect of most changes in accounting principle is reported:

• A)In the income statement between income from continuing operations and net income.
• B)In the income statement after income and before income tax.
• C)In the income statement before income from continuing operations.n.
• D)In the balance sheet accounts affected.

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Definitions:

Behavioral Therapist

A specialist who uses principles of behavior change, including positive and negative reinforcement, to modify maladaptive behaviors in clients.

Token Economy

A form of behavior modification program where individuals earn tokens for exhibiting desired behaviors and can exchange them for various rewards.

Public Dining

The act of eating meals in communal areas accessible to the general public, such as restaurants or cafes.

Psychotherapy

A therapeutic treatment involving talking with a mental health professional to address emotional and psychological issues.