Solved

At the Time Hollywood Corporation Became a Subsidiary of Vine

Question 43

Multiple Choice

At the time Hollywood Corporation became a subsidiary of Vine Corporation,Hollywood switched depreciation of its plant assets from the straight-line method to the sum-of-the-years'-digits method used by Vine.With respect to Hollywood,this change was a


A) change in an accounting estimate.
B) correction of an error.
C) change in the reporting entity.
D) change in accounting principle.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions