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:
<h3>Plessy v. Ferguson case.</h3>
Explanation:
- The Plessy v. Ferguson case of 1896 ruled out that segregation was constitutional as long as both blacks and whites enjoyed opportunities that were separate but equal.
- However, the Supreme Court's verdict in the Plessy v. Ferguson case of 1896 was challenged by Justice Earl Warren stating that the idea of ‘separate but equal’ in public school was unconstitutional and inherently unequal.
- Thus, Chief Justice Earl Warren issued the Supreme Court’s unanimous decision in Brown v. Board of Education, ruling that racial segregation in public schools violated the "Equal Protection Clause” of the 14th Amendment.
To understand the contradiction of the claim, it's important to understand the theme and the plot in the story.
<h3>What is a claim?</h3>
Your information is incomplete. Therefore, an overview will be given. It should be noted that a claim simply means the statement whereby a writer presents and assertion to substantiate a argument.
In this case, it's important to read and understand the passage. Also, understand the claim that was stated that Beneatha and then you can get the contradiction.
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