Which of the Following Would Be Treated as a Prior

question 77

Multiple Choice

Which of the following would be treated as a prior period adjustment by Gold Corporation in 2015?

• A)In 2015,it was discovered that Gold Corporation recorded the purchase of a warehouse in 2012 as a debit to Repairs Expense.
• B)In 2015,Gold Corporation switched from the straight-line method of depreciation to another method of computing depreciation.
• C)In 2015,Gold Corporation's management decided that the estimated useful life of its computer equipment should be changed from five years to nine years.
• D)In 2015,Gold Corporation sold a segment of the business that it has operated since 2006.