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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Answer:
Explanation:
g(x) = f(x + 1) - 2
g(x) = (x + 1 + 3)^3 -2
g(x) = (x + 4)^3 - 2
Now what are we supposed to do with this? I'm guessing we are to find what value of x will make g(x) = 12. If I'm wrong, leave a note in the form of a comment.
g(x) = 12
(x + 4)^3 - 2 = 12 Add 2 to both sides.
(x + 4)^3 = 14 Take the cube root of both sides.
x + 4 = cubrt(14)
x + 4 = 2.4101 Subtract 4
x = 2.4101 - 4
x = -1.5899
Answer: the population has a mean of less than 30
Explanation:
In interval estimation, the t distribution is applicable only when a. the population has a mean of less than 30. the sample standard deviation (s) is given instead of the population standard deviation
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