When financial statements are revised to reflect the impact of a change in accounting principle, the <u>retrospective </u>approach is used.
<h3>What is financial statement?</h3>
Financial statement is use to record a company financial position as well as day to day operation or activities.
Hence, retrospective approach are often used in a situation where financial statements are revised so as to reflect the impact of a change in accounting principle.
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In Country A, the opportunity cost of one paper clip is 1/2. Option C
<h3>What is opportunity cost?</h3>
The opportunity cost refers to the alternative forgone in production. It means that it is the option that is chosen in the midst of other possibilities.
We can see from the table that in Country A, the opportunity cost of one paper clip is 1/2.
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Missing parts
If countries A and B produce only either rubber bands or paper clips, their maximum outputs are shown in the accompanying production possibilities schedules.
In country A the opportunity cost of 1 paper clip is
A.2 rubber bands.
B.1 rubber band
C.1/2 rubber band.
D.1/4 rubber band.
Neurofeedback involves trying to change brain wave activity.
<h3>Brain wave</h3>
The human brain is an intricate organ that baffles many scientists today. One design feature of the human brain is its ability to send signals in the form of brain waves when the mind is ar work or in a state of rest. These brain wave activity are braodly categorized into four types, namely;
- beta waves
- alpha waves
- theta waves
- delta waves
Neurofeedback thus occurs when an attempt is made to change from one of the above brain wave types to another.
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