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murzikaleks [220]
2 years ago
13

When financial statements are revised to reflect the impact of a change in accounting principle, the ______ approach is used.

SAT
1 answer:
Aleksandr-060686 [28]2 years ago
7 0

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.

Learn more about Financial statement here:brainly.com/question/22941895

#SPJ1

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What is one characteristic that indicates the first passage is fictional while the second is non-fictional?
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Answer:

D

Explanation:

Characters(Unless it says otherwise)  are all fictional, but the passage can present facts.

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3 years ago
The histogram shows the number of miles driven by a sample of automobiles in New York City. What is the maximum possible number
bogdanovich [222]

Answer: 42,500

Explanation:

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An egg rolls off a kitchen counter and breaks as it hits the floor. The counter is 1. 0 m high, the mass of the egg is about 50
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3 years ago
Bob owns a small business with 12 employees. He is anticipating a large contract in the near future which he hopes will triple h
Vlad [161]

The option that best encompasses bob's weakest leadership competency according to the competency perspective; A: Self Concept

<h3>What is Competency and self concept?</h3>

The correct answer is Self-concept . This is because self concept refers to one's personal thoughts and perceptions about his/her own behavior, abilities, and unique characteristics. We can simply say that it depicts a mental picture of who you are as a person.

Now, in the question we see that Bob is worried about his ability to take on twice as many employees and continue on a successful path and as such this tallies with the definition of Self Concept.

The missing options are;

a. Self-concept

b. Integrity

c. Cognitive intelligence

d. Personality

e. Practical intelligence

Read more about Competency at; brainly.com/question/1266708

6 0
2 years ago
Explain how poverty can lead to social injustice
Ulleksa [173]

Poverty can lead to social injustice because the poor would be given little or no regard as compared to the rich.

<h3>What is social injustice?</h3>

Social injustice occurs when a less privilege individual or group is being treated unfairly by another, resulting in disadvantages to that individual or group, which can result in missed opportunities in terms of education, work, housing, health care, and more.

Poverty leads to social injustice because if a person is poor, they are not provided the things they need and they are not treated like how they should be. In other words, they are treated lowly compared to those who have higher social status in the society.

Hence, poverty can lead to social injustice because the poor would be given little or no regard as compared to the rich.

Learn more about social injustice here: brainly.com/question/1622815

#SPJ1

7 0
2 years ago
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