Please answer ASAP!

Use the above video link to answer the following questions. 1. The FASB requires the use of the retrospective adjustment method for changes in accounting principle because a. It is seamless, preventing users from noticing the change. b. the previous period's data, restated or not, is no longer relevant to current users. c. It enhances the comparability and consistency of the information. d. none of these choices. 2. When prior-period statements have been restated for currently used accounting principles, the notes to the financial statements must disclose all except a. an explanation of why the new principle is preferable. b. a description of the information that has been adjusted. c. the effect of the change on income and earnings per share. d. the likely effects on retained earnings for two periods into the future. Use the above video link to answer the following questions. 1. If a discovered accounting error is a counterbalancing error that has already corrected itseif a. no joumal entry is required but finanoial statements should be restated. b. no journal entry is required and financial statements need not be restated. c. one jourmal entry is required and financial statements should be restated. d. two jourmal entries are required and financial statements should be restated. 2. In making a prior-period adjustment, a joumal entry is made to adjust the book values of those assets and liabilities affected by the error, and an offsetting adjustment is made to the beginning balance of a. Cash. b. Income Summary. c. Paid-in Capitai. d. Retained Earnings