Question: Question 1) A news article: Oil major Shell to write down up to $22 billion of assets in second quarter June 30, 2020 Shell said

Question 1) A news article:

Oil major Shell to write down up to $22 billion of assets in second quarter

June 30, 2020

Shell said in a statement to investors that it had reviewed a significant portion of its business given the impact of the coronavirus pandemic and the "ongoing challenging commodity price environment."

It said it would take aggregate post-tax impairment charges in the range of $15 billion to $22 billion in the second quarter.

How does Shell define these charges?

	a.	Error correction
	b.	None of the above
	c.	A change in accounting principle
	d.	A change in accounting estimate
	e.	A change in reporting entity

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