If a company changes the method it uses to compute the allowance for uncollectible accounts receivable because more recent information has become available, how is this change in method accounted for?
A. All of the other answers are correct ways to account for the change
B. The change is only reported in the current period in which the change is made
C. Previously issued financial statements are not adjusted by the change
D. The change is reported in all future periods affected by the change
Answer: A
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When there is conflict at work, Bob always turns the attention of the employees toward the future and talks about forgiveness and the positive things that have been accomplished rather than the negative. His style unites followers and causes them to keep focusing on what will happen good in the future. Bob is an example of what leadership style?
A. authentic leadership B. spiritual leadership C. servant leadership D. ethical leadership
J. J. Johnson has decided to supplement his income by selling beehives. He expects to sell 25,000 hives in 2010 . He ended 2009 with 2,500 completed hives in inventory and would like to complete operations in 2010 with at least 2,800 completed hives in inventory. There is no ending work in process inventory. One beehive holds about 250 bees. The bees are purchased for $4.00 per 1,000 bees. The
hives sell for $15.00 each. How many beehives would the 2010 production budget identify as needing to be produced? a. 25,300 b. 25,000 c. 30,300 d. 24,700
Compare and contrast the common law system and the civil law system
What will be an ideal response?
Intentional torts are based on:
a. negligence b. carelessness c. willful misconduct d. assumption of care e. obsequiousness