Which of the Following Is Not an Example of an Accounting

Multiple Choice

Which of the following is not an example of an accounting error,as distinguished from a change in accounting principle or change in accounting estimate?

A) Misstatement of assets,liabilities,or owners' equity
B) Incorrect classification of an expenditure as between expense and an asset
C) Failure to recognize accruals and deferrals
D) Recognition of a gain on disposal of fully depreciated property