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
You didn't provide any statements...
He helped with the black people aswell anyways Rosa parks
You know the answer is correct when the answer has a good star review such as 5 stars or has a good amount of likes. Everyone has a title by their name, the higher status it is, the more likely their answer would be right.
The displacement of the girl which the relative change in her position from her starting point. Therefore, the shortest distance between her initial and final position is 58.85 m North - West
From the sketch of the girls movement attached below, the displacement of the girl can be calculated thus :
Using Pythagoras :
Displacement, d = √(50² + 20²)
d = √(2500 + 400)
d = √2900
d = 53.851
Therefore, the displacement of the girl, which is the shortest distance between her current position and starting position is 53.85 meters NW.
Learn more :brainly.com/question/1021211