Question

c)A company that has been using the FIFO inventory cost method is now changing to Specific Identification.
error correction
estimates
policies

d) A company that used 1% of sales to predict its bad debt expense discovers losses are running higher than expected and changes to 2%.
error correction
estimates
policies
e) After five years of use, an asset originally estimated to have a 15-year total life is now to be depreciated on the basis of a 22-year total life.
estimates
policies
error correction

f) Office equipment purchased last year is discovered to have been debited to office expense when acquired. Appropriate accounting is to be applied at the discovery date.
estimates
policies
error correction​

Answer 1

Answer:

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Explanation:

bjjfjugfnugfnohtiggjhfugtuiuhfu