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:
have immediate access to the extinguisher, know how to actuate the unit, and know how to apply the agent effectively. Attempting to extinguish even a small fire carries some risk. Hopefully this is what you were looking for.
Answer:
Earth will complete more revolutions than Saturn.
Explanation:
It takes one year for the Earth to complete one revolution around the Sun. Our calendar is based on this fact, but some planets may finish one revolution around the Sun faster than us, while other planets will take more time to do it. For example, it takes Saturn 29 years to complete one revolution around the Sun, on the meantime, the Earth will have completed 29 revolutions.
Neptune is the planet that takes longer to complete one revolution around the Sun, approximately 164.79 years, while it takes only 88 days for Mercury to complete one revolution.
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I don’t want you going back in the front door and I’m going to try calling it
