Please do not just give the answer. Please also explain how you got them. Thanks!

1. Which of the following wouldnotrequire the company to account for the change retrospectively?

A. From average cost to FIFO.

B. From FIFO to average cost.

C. From LIFO to FIFO.

D. From LIFO to average cost

E. None of the answer choices are correct

2. Gains on the cash sales of property, plant, and equipment (PP&E):

A. Are the excess of the book value over the cash proceeds.

B. Are part of cash flows from operations.

C. Are reported on a net-of-tax basis if material.

D. Are the excess of the cash proceeds over the fair value of the assets sold.

E. None of these answer choices are correct.

3. Collection of accounts receivable that previously have been written off results in an increase in cash and an increase in:

A) Accounts receivable.

B) Allowance for uncollectible accounts.

C) Bad debts expense.

D) Retained earnings.

E) None of the answers are correct.