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NEW QUESTION: 1
If a company fails to record a material amount of depreciation in a previous year, this is considered
A. an unusual item.
B. a change in accounting principle.
C. an accounting error.
D. a change in estimate.
Answer: C
Explanation:
Explanation/Reference:
Explanation:
This is neither unusual or a change, but simply an error.

NEW QUESTION: 2

A. Option C
B. Option A
C. Option B
D. Option D
Answer: A

NEW QUESTION: 3
File CUSMS contains a field named CMCSNO. Which of the following file specification keywords will allow the program to recognize this field as CUSTCSNO?
A. PREFIX(CUST)
B. PREFIX(CUST:2)
C. RENAME(CMCSNO:CUSTCSNO)
D. RENAME(CM:CUST)
Answer: B

NEW QUESTION: 4

A. Option C
B. Option B
C. Option A
D. Option D
Answer: C