Answer:
The correct answer is letter "C": The change should be reported retroactively.
Explanation:
Changes in Accounting Principles happen when a company switches between various generally accepted accounting principles or adjusts the process by which a rule is applied. Those changes can take place in accounting mechanisms for Generally Accepted Accounting Principles (<em>GAAP</em>) or International Financial Reporting Standards (<em>IFRS</em>).
When the changes happen, companies must apply it <em>retrospectively </em>to all previous accounting periods, as if the norm would have been always there.
Answer:
$82.2 billion
Explanation:
Given that
Net worth = $79.0 billion
Gains = $3.20 billion
The computation of the new net worth is shown below:
= Net worth + gains in value
= $79.0 billion + $3.20 billion
= $82.2 billion
= 8.2 × 10^10 billion
Simply we added the net worth and gains in value so that new net worth could have come.
Hence, her new net worth is $82.2 billion
Answer:
C
Explanation: Government policies usually improve upon both equality and efficiency.
No because its a resource that cant be depleted because it's energy which cant be created or destroyed, and there are many ways of producing it.
A problem in developing effective compensation for teams is that rewarding individuals erodes cohesiveness. Thus the first option is correct.
<h3>What is Cohesiveness?</h3>
Cohesiveness refers to the act or the property of togetherness. in the group , cohesiveness can be seen when the group performs the activity. It is important to have cohesiveness in every group for the accomplishment of the task.
When a individual in a group is provided a compensation it leads to dispute and chaos which erodes the cohesiveness of the group. Thus the first option is correct.
Learn more about Cohesiveness here:
brainly.com/question/13774781
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