Which of the Following Is an Example of a Change

question 53

Multiple Choice

Which of the following is an example of a change in accounting principle?

• A) A change in inventory costing methods.
• B) A change in the estimated useful life of a depreciable asset.
• C) A change in the actuarial life expectancies of employees under a pension plan.
• D) Consolidating a new subsidiary.

Identify the necessary hardware components for network communication.

Understand the standards and specifications of cabling and wireless technologies.

Recognize the roles and responsibilities of network administrators.

Understand the concepts of data transfer rates and network performance metrics.

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Definitions:

GDP

Gross Domestic Product, the total market value of all final goods and services produced within a country in a given period of time.

Health Care Expenditures

The total amount of money spent by individuals, insurance companies, and governments on health care services and products.

Adverse Selection

A situation in which asymmetrical information leads to high-risk parties being more likely to participate in agreements, such as insurance, than low-risk parties.

Health Insurance Company

An organization that provides coverage for medical expenses in exchange for premium payments.