Answer:
The answer is D. Accounted for in current and future periods.
Explanation:
A change in accounting estimate is an adjustment of the carrying value of an asset or liability arising from reassessing the expected future economic benefits and obligations associated with that asset or liability.
Changes in accounting estimates must be shown in the accounting period in which the estimates are revised and periods after i.e accounted for prospectively. Example is a change in useful life and salvage value of a fixed asset
This doesn't seem to be a question, but rather, a statement.
Answer:
The demand for iPads increased.
Explanation:
If they raise the price of the iPads, this must mean more people want to buy them, so the demand for them is high.