Question: Changes in accounting estimates are based on A) Information available from the use of hindsight. B) Management bias. C) Comparable industry practice. D) New information
Changes in accounting estimates are based on
A) Information available from the use of hindsight.
B) Management bias.
C) Comparable industry practice.
D) New information that has now become available.
Step by Step Solution
There are 3 Steps involved in it
The detailed answer for the above question is provided below The answer is D New information that ha... View full answer
Get step-by-step solutions from verified subject matter experts
