E22-8B (Accounting for Accounting Changes and Errors) Listed below are various types of accounting changes and errors.

______ 1. Change in the amortization period for a trademark.

______ 2. Change from double-declining-balance method to straight-line method of depreciation.

______ 3. Change from FIFO to average-cost inventory method.

______ 4. Change from percentage-of-completion to completed-contract method on construction contracts.

______ 5. Change in equipments salvage value.

______ 6. Change due to understatement of inventory.

______ 7. Change in the rate used to compute bad debt expense.

______ 8. Change from presenting unconsolidated to consolidated financial statements.

______ 9. Change from direct write-off to allowance method of accounting for bad debts.

______ 10. Change from LIFO to average-cost inventory method.

Instructions For each change or error, indicate how it would be accounted for using the following code letters:

a. Accounted for prospectively.

b. Accounted for retrospectively.

c. Neither of the above.