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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. a change in estimate.
B. an accounting error.
C. a change in accounting principle.
D. an unusual item.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
This is neither unusual or a change, but simply an error.
NEW QUESTION: 2
A. Option C
B. Option D
C. Option A
D. Option B
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:2)
B. RENAME(CM:CUST)
C. PREFIX(CUST)
D. RENAME(CMCSNO:CUSTCSNO)
Answer: A
NEW QUESTION: 4
A. Option D
B. Option B
C. Option A
D. Option C
Answer: C