Which is not a retrospective-type accounting change

Assignment Help Accounting Basics

Reference no: EM13129154

Which of the following is not a retrospective-type accounting change?

a. Completed-contract method to the percentage-of-completion method for long-term contracts
b. LIFO method to the FIFO method for inventory valuation
c. Sum-of-the-years'-digits method to the straight-line method
d. "Full cost" method to another method in the extractive industry

Reference no: EM13129154

Questions Cloud

Oldest of all literary forms : What is the oldest of all literary forms?

Activity-based budgeting : Activity-based budgeting includes all the following steps EXCEPT:

Enough evidence for average credit card debt has increased : Is there enough evidence to believe that the average credit card debt has increased? Use a=0.05. Give a possible reason as to why or why not the debt was increased.

Which is not a retrospective-type accounting change : Which of the following is not a retrospective-type accounting change?

Explain what is the pi of leucine : What is the pI of leucine, Draw the condensed structure for leucine, and label all chirality centers with an asterisk

Compute probability of underfilling for several values : The manager wants to adjust the mean to reduce the reject rate. Compute the probability of underfilling for several values of the mean fill.

How much energy is required : how much energy is required to vaporize 48.7 g of CH2Cl2 at its boiling point if its Hvap = 31.6 kg/mol

Why are there so many revenue recognition methods : Why is it so subjective and what are the implications to the quality of the income statement?

User Account

All Pages