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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The objectives of Accenture's e-stewards program are:
- Its goals to provide a more sustainable and responsible recycling solution to electronic waste (e-waste) problem
- Right handling of electronic waste and no more dumping of electronic waste in poor countries
- No exportation of harmful electronic wastes
- A shift to reuse and resale, repair, republish and re-manufacture.
- E-waste encompasses all waste of electrical and electronic equipment that are often disposed with or without the intent of reuse. is disposed via incineration, reuse, recycling etc.
- e-Stewards is simply known as a form of certification to an organisation, company or recycling business gotten from the international non-profit environmental group.
Conclusively, we can say that the objectives of Accenture's e-stewards program are:
- Its goals to provide a more sustainable and responsible recycling solution to electronic waste (e-waste) problem
- Right handling of electronic waste and no more dumping of electronic waste in poor countries
- No exportation of harmful electronic wastes
- A shift to reuse and resale, repair, republish and re-manufacture.
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A perpetual inventory system is one that continuously tracks each withdrawal or addition to inventory. Perpetual inventory is a continuous accounting practise that records inventory changes in real time, eliminating the need for physical inventory, so that the book inventory accurately reflects the actual stock.
This system starts with a physical count as a baseline and updates based on purchases made in and shipments made out.
The perpetual system may be better suited for businesses with larger, more complex inventory levels and higher sales volumes. Grocery stores and pharmacies, for example, typically use perpetual inventory systems.
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Answer:
D Reasoning.
Explanation:
The key here is that it involves scientific investigation. This must be done without bias or personal history, which only serve to taint the results. Mythology is a religion and has no place in the interpretation of scientific results.
Answer:
False. Buddhism also spread by sea.
