How May Accounting Changes Detract from Accounting Information

question 75

Essay

How may accounting changes detract from accounting information?

---

Definitions:

Rule Based

An approach or system governed by explicit, predefined rules or regulations that dictate the operation or decision-making process.

Outsourced

The practice of having certain job functions or tasks performed outside a company instead of by the company’s own employees.

Repetitive

Involves actions or events occurring in a regular and predictable pattern.

Unpredictable

Not able to be predicted or foreseen; capable of happening without any prior indication.