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:
Adventure tourism is defined as the movement of the people from one to another place outside their comfort zone for exploration or travel to remote areas, exotic and possibly hostile areas. ... Adventure travel is a leisure activity that takes place in an unusual, exotic, remote or wilderness destination.
Explanation:
The suggested number of sleep hours for teens is between 8 to 10 hours daily.
<h3>
Sleeping hours of teens</h3>
This is the estimated time in which teens are expected to sleep or have full rest.
The average estimated time of sleep hours for teens is between 8 to 10 hours. This may vary according to health condition of individuals.
Thus, the suggested number of sleep hours for teens is between 8 to 10 hours daily.
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