Which of the Following Is Not an Example of a Change

question 81

Multiple Choice

Which of the following is not an example of a change in accounting principle?

• A)A change in the useful life of a depreciable asset.
• B)A change from LIFO to FIFO for inventory costing.
• C)A change to the full costing method in the extractive industries.
• D)A change from the cost method to the equity method of accounting for investments.

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Definitions:

Self-decorating

The act of individuals adorning themselves or their personal spaces with decorations or accessories to express their personality or tastes.

Sexual Dimorphic Markers

Physical or behavioral traits that are significantly different between males and females of a species, often related to reproductive roles.

Body Decoration

The practice of altering or embellishing the body's appearance through methods such as tattooing, piercing, or painting.

Middle-aged Women

Women typically in the age range from about 40 to 65 years, often considered a demographic group in various socio-cultural and health-related studies.