Which of the Following Is Not a Change in Estimate

question 94

Multiple Choice

Which of the following is not a change in estimate?

• A) A change in the useful life of a depreciable asset.
• B) A change in the mortality rate used for pension computations.
• C) A change from the cost to the equity method in accounting for investments.
• D) A change in the warranty expense percentage.

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Definitions:

Information Distortion

The alteration or misrepresentation of information as it moves through a supply chain, leading to inaccurate data and decision-making.

Supply Chains

Networks encompassing all the stages involved in delivering a product or service from the initial suppliers to the end users, including manufacturers, transporters, and retailers.

Product Variety

Denotes the range of different products or variations thereof offered by a business, aiming to meet diverse customer needs and preferences.

Aggregate Planning

Involves developing, analyzing, and maintaining a preliminary, approximate schedule of the overall operations of an organization.