Which of the Following Is Not an Example of an Accounting

question 26

Multiple Choice

Which of the following is not an example of an accounting error,as distinguished from a change in accounting principle or change in accounting estimate?

• A) Misstatement of assets,liabilities,or owners' equity
• B) Incorrect classification of an expenditure as between expense and an asset
• C) Failure to recognize accruals and deferrals
• D) Recognition of a gain on disposal of fully depreciated property

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Definitions:

Paper-based HR

A traditional human resources management approach where processes and records are documented and stored on paper.

Data Retrieval

The process of accessing and extracting specific data or information from a database or data storage system.

Relational

Pertaining to the way in which two or more concepts, objects, or people are connected; in business, it often refers to establishing and managing the quality of relationships.

Segregated

Kept apart from others or divided based on certain criteria, often used in contexts discussing separation due to race, gender, or other characteristics.