A Change from the Straight-Line Method to the Sum-Of-Years'-Digits Method

question 11

Multiple Choice

A change from the straight-line method to the sum-of-years'-digits method of depreciation is handled as:

• A)A retrospective change back to the date of acquisition as though the current estimated life had been used all along.
• B)A cumulative adjustment to income in the current year for the difference in depreciation under the new versus old useful life estimate.
• C)A prospective change from the current year through the remainder of its useful life.
• D)None of the above is correct.

Understand the concept of individual privacy and public's right to know.

Recognize the role and impact of data aggregators and privacy laws.

Learn about the business models of companies that impact privacy.

Grasp the principles and practices for ethical decision-making and ethics in technology.

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