Multiple Choice
Changes in accounting estimates include:
A) changes in expected warranty costs on goods sold under guarantee.
B) changes in the expected pattern of consumption of economic benefits of depreciable assets.
C) changes in the provision for inventory obsolescence.
D) all of the given answers.
Correct Answer:

Verified
Correct Answer:
Verified
Q67: The income statement under AASB 101 is
Q68: Discuss the impact changes in accounting policies
Q69: What is a prior period error?<br> How
Q70: Which of the following statements is not
Q71: An entity shall recognise all items of
Q72: An implication of the fact that traditional
Q73: AASB 2 lists a number of factors
Q74: All disclosure requirements that relate to an
Q75: Profit is a measure of financial performance
Q77: AASB 2 requires that the fair value