When financial statements are revised to reflect the impact of a change in accounting principle, the ______ approach is used.

Answers

Answer 1

When financial statements are revised to reflect the impact of a change in accounting principle, the retrospective approach is used.

What is financial statement?

Financial statement is use to record a company financial position as well as day to day operation or activities.

Hence, retrospective approach are often used in a situation where  financial statements are revised so as to reflect the impact of a change in accounting principle.

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Related Questions

which of the following supreme court cases illustrates the use of litigation by an interest group

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The supreme court case that illustrates the use of litigation by an interest group is; E)Webster v. reproductive health services

What was the outcome of the Supreme Court Case?

The correct answer is Option E: Webster v. reproductive health services.

Webster v. Reproductive Health Services was a United States Supreme Court decision in 1989 on upholding a Missouri law that imposed restrictions on the use of state funds, facilities, and employees in performing, assisting with, or counseling an abortion.

The Supreme Court in Webster allowed for states to legislate in an aspect that had previously been thought to be forbidden under Roe v. Wade.

The options are;

A)Roe V. Wade

B) Marbury v. Madison

C)United States v. Nixon

D) Gibbons v. Ogden

E)Webster v. reproductive health services

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Which of these goods may be considered rivalrous in consumption and nonexcludable

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The  goods that may be considered rivalrous in consumption and nonexcludable is wilderness areas.

What are Non-excludable goods?

Non-excludable goods and excludable goods  can be regarded as been opposites.

The first one is that every single person can access a certain public good and consume it.

The second goods is one   that restrict some people from using them. Excludable goods  which are private goods, it should be noted that The  goods that may be considered rivalrous in consumption and nonexcludable is wilderness areas.

It should be noted that Nonexcludable simply implies that it is costly or impossible for one user to exclude others from using a good.

Nonrivalrous on the other hand, implies that when one person uses a good, , it can not affect others otlr exclude them from using it.

One of the common example of the non-exclusible goods is the public road, this is because everyone has access to a public road, irrespective of what they are doing on it.

The opposite of a non-excludable good is an excludable good, and these are goods that people are restricted from using.

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CHECK THE COMPLETE QUESTIONS;

Which of these goods may be considered rivalrous in consumption and nonexcludable?

a.national defense b.broadcast television reception c.fire insurance d.wilderness areas

GCP safety monitoring procedures can be effectively applied only to trials involving drugs and medical devices.

Answers

The statement 'GCP safety monitoring procedures can be effectively applied only to trials involving drugs and medical devices' is False.

What are Good Clinical Practices?

Good Clinical Practices (GCPs) refer to the ethical/methodological procedures to conduct and perform medical investigations.

Good Clinical Practices exhibit specific scientific standards and regulations that must be fulfilled in all medical procedures.

In conclusion, the statement 'GCP safety monitoring procedures can be effectively applied only to trials involving drugs and medical devices' is False.

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A linear machine is connected as shown in Fig. 1. The input source voltage Vin=10V, the internal resistance Rin=0.05Ω. The applied force F=10N. The magnetic field density B=0.5T. The rail width l=200mm. (50 pts)

Answers

It is important to note that the direct of flow of the electricity current in the Linear Machine is anti-clockwise direction. The resultant effect of this is such that is stand at variance with the change in flux as force is going the right direction. See attached Image (Illustration I).

What is the magnitude of the current?

Recall that Force (f) = il xB

Given that Force (F) = 10N; and

Magnetic Field Density B = 0.5T

Hence,

10 = i x 0.2 x 0.5  

[Note that Width is converted to Meters from millimeters that is 200 mmm = 0.2m]

10 = 0.1i

i = 10/0.1

i = 100A

What is the Induced Voltage Across the metal bar?

Note that Vg = Vde + IR

Vg = 10 + 100 x 0.05

Vg = 10 + 5

Vg = 15v

What is the final speed of the metal bar?

The final speed of the bar is given as V

Recall that Induced Voltage is VB x L

That is:

15 = V x 0.5 x 0.2;

15 = 0.1 V

make V the subject of the formula:

V = 15/0.1

V = 150m/s

What is the status of the Machine? a motor or generator?

Given that the current being supplied is  in DC hence the machine is a generator. [Vdc x i]

What is the electric power of the source?

The electric power of the source is:

Vdc x i

= 10 x 100

= 1,000 watts

Hence, it is correct to indicate that the direct of flow of the electricity current in the Linear Machine is anti-clockwise direction and the rating of the electric power is 1,000 watts.

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The factors that go into a marketing program: product, price, place, and promotion, are called the mix.

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The factors that are invested into a marketing program such as price, place, product, and promotion, are called the marketing mix.

What is marketing mix?

Marketing mix can be defined as the choices about product attributes, communication strategy (promotion), distribution strategy (place), and pricing strategy that a business firm offer to its targeted markets.

This ultimately implies that, a marketing mix is made up of the four (4) Ps;

ProductsPricePlacePromotions

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a mans search for meaning AND terror management theory

Answers

Terror Management Theory is a social and evolutionary psychological theory proposed by Jeff Greenberg, Sheldon Solomon, and Tom Pyszczynski.

What is a terror management theory?

This is a dual-defence model explaining how people protect themselves against concerns about death.

An example of a terror management theory is a threat to self-esteem and a threat to one worldview.

Hence, the TMT is dependent on the specific manner people respond on matters concerning consciousness and unconsciousness.

Please, note that the question is incomplete, hence a general overview was given to guide you to the answer.

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designing the mind: the principles of psychitecture pdf free download

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The book "Principles of Psychitecture"  helps individuals scale the heights of self-mastery and lead great lives.

What is the book "Principles of Psychitecture" about?

It is a book that is entails a philosophical manifesto and practical self-development guide on the teachings of legendary thinkers like Marcus Aurelius, Lao Tzu, Friedrich Nietzsche, and Abraham Maslow.

Generally, the books gives an ideas & techniques that allows to integrate into a vital theory for helping individuals scale the heights of self-mastery and lead great lives.

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Four companies dominate the cereal industry. These firms produce in large volumes, promote heavily, and control access to the supermarket shelves through "slotting allowances," which are payments to retailers in return for shelf space. Combined, these four firms have

Answers

Based on the fact that these four companies dominate the cereal industry, the four firms can be said to have C. a sustainable competitive advantage.

What does it mean to have sustainable competitive advantage?

These refer to any factors that a company can use to dominate the industry and provide better service to its customers.

The four companies have dominated the industry and as such as able to offer their customers more service than others so they must have a sustainable competitive advantage.

Options include:

A.identical marketing mixes.

B.customer excellence.

C.a sustainable competitive advantage.

D.achieved product excellence.

E.violated laws

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A nurse is caring for a client who is in the transition phase of labor and reports a pain level of 7 on a scale of 0 to 10. Which of the following actions should the nurse take

Answers

The action that the nurse who is caring for a client who is in the transition phase of labor should take is; C. Assist the client with patterned-paced breathing.

What is the duty of the Nurse?

The action that the nurse who is caring for a client who is in the transition phase of labor should take is; C. Assist the client with patterned-paced breathing.

The reason is that Patterned breathing refers to the act of breathing at any number of possible rates and depths. Some women prefer breathing deeply, using their diaphragm to fill their abdomen with air. Other women prefer light breathing, inhaling just enough to fill their chest. The goal is to find breathing patterns that have a calming and relaxing effect.

The benefits of patterned breathing are;

Breathing becomes an automatic response to painThe mother remains in a more relaxed state and will respond more positively to the onset of painThe steady rhythm of breathing is calming during laborProvides a sense of well being and controlIncreased oxygen provides more strength and energy for both the mother and babyBrings purpose to each contraction, making contractions more productive

The missing options are;

A. Instruct the client to use effleurage

B. Apply counter pressure to the client sacral.

C. Assist the client with patterned-paced breathing.

D. Teach the client the technique of biofeedback

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Meredith, a D-SNP member, loses Medicaid eligibility. What impact does this have on her D-SNP enrollment

Answers

The impact that the  loses Medicaid eligibility have on her DSNP enrollment is that She will enter a grace period during which she is responsible for plan cost sharing, and she will be disenrolled at the end of the grace period if she does not reestablish Medicaid eligibility.

What is Medicaid eligibility?

Medicaid is a program design to provides health coverage to people of Americans especially  low-income adults.

In case, one loses Medicaid eligibility on DSNP enrollment is that one will enter a grace period .

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For the normal distribution, the mean plus and minus two standard deviations will include about what percent of the observations

Answers

For the normal distribution, the mean plus and minus two standard deviations will include about 95% percent of the observations.

What is normal distribution?

Normal distribution refers to a set of data which are neither skewed to the left or to the right, thus are said to be normally distributed.

The shape of a normal distribution curve is a bell-shaped curve.

The total area under a normal distribution curve is 100.

The mean value of data that is normally distributed is the the value that divides the curve into two halves of 50% each.

66% of the data are plus and minus one standard deviation from the mean.

95% of the data are plus and minus two standard deviations from the mean.

99.7% of the data are plus and minus three standard deviations from the mean.

In conclusion, a normal distribution has no skewness.

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rearrange the equation shown to calculate the concentration

Answers

When we rearrange the equation to calculate the concentration, the result obtained is:

concentration (c) = Amount (n) × 1000 / Volume (cm³)

What is molarity?

Molarity is defined as the mole of solute per unit litre of solution. Mathematically, it can be expressed as:

Molarity = mole / Volume

How to determine the equation to calculate the concentration

Amount (n) = concentration (c) × Volume (cm³) / 1000

Cross multiply

concentration (c) × Volume (cm³) = Amount (n) × 1000

Divide both sides by Volume (cm³)

concentration (c) = Amount (n) × 1000 / Volume (cm³)

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Complete question

See attached photo

The following musical example is sung by an alto.

Answers

The above musical example if said to be sung by an alto is known to be called false statement.

What does alto implies?

This is known to be a part of a musical or an aspect that is higher than tenor and one that is known to be lower than soprano.

People often love music as well as its elements. For one to produce a good music, a lot of elements are known to be put together to achieve it. A good sound parts includes alto, tenor, soprano and treble.

Based on the musical composition and research done on this question, the musical example was not sung by an alto and as such the above statement is known to be called false statement.

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Describe the changes in art during the Renaissance: -Perspective: -Chiaroscuro: -Fresco:

Answers

The changes that occurred in art during the period of the renaissance was that art was moved from the abstract form to a more representational form of creating art.

What was the renaissance period?

This is the term that is used to refer to the period that the European nation experienced a shift in the arts. This period was characterized by the fact that a lot of people had to have a rebirth in Europe.

There was the rebirth in Art, culture and literature. In this period, people where able to move into the classical period of art. Hence the changes had it that people were more into a representational form of creating art at the time.

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Harper is considering undergoing lasik (laser-assisted in situ keratomileusis) surgery to correct her nearsightedness. Which characteristic makes Harper a good candidate for this procedure

Answers

The characteristic that makes Harper a good candidate for LASIK is c. Her contact lens and glasses prescription has not changed in the past two years.

Why is Harper a good candidate for LASIK?

A good candidate for LASIK is one that is due to change their eye prescription/

As eye prescriptions are to be changed every 2 years, Harper would be a good candidate if she has not changed either her contact lens or prescription glasses.

Options for this question are:

a. She is not a risk-taker.

b. She has an autoimmune disease.

c. Her contact lens and glasses prescription has not changed in the past two years.

d. She is currently taking martial arts lessons.

e. She is unsure if she can afford to pay the surgery.

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data analytics made accessible by dr. anil maheshwari pdf

Answers

data analytics made accessible is known to be a book that was written by Dr. Anil Maheshwari and it  centers around:

Business Intelligence Concepts and Application Data WarehousingData MiningData Visualization and others.

What is Data analytics?

This is known to be a the science that entails the act of analyzing raw data to come to a conclusions about a certain information.

Hence, data analytics made accessible is known to be a book that was written by Dr. Anil Maheshwari and it  centers around:

Business Intelligence Concepts and Application Data WarehousingData MiningData Visualization and others.

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Participants in the early music movement value all performances except those that are:

Answers

Participants in the early music movement typically value all performances except those that were: played before noontime.

What is the Classic period orchestra?

The Classic period orchestra was an era in which musical instruments comprised strings, brass, woodwinds, and percussion and all music composition were written out separately, so as to enable smooth performances.

Based on historical records and information, we can infer and logically deduce that participants in the early music movement such as the Classic period orchestra, typically value all performances except those that were played before noontime (12 PM).

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A topographical definition classifies behaviors in terms of their common effects on the environment.

Answers

It is false that A topographical definition classifies behaviors in terms of their common effects on the environment.

What is topographical definition of behaviors?

The topography of a behavior  serves as the  form of the behavior, it describes the looks of the behavior.

It should be noted that The topography of the behavior is  explains actual response emitted by the individual.

Hence,It is false that A topographical definition classifies behaviors in terms of their common effects on the environment.

It should be noted that in psychology,

any system that inolves the mapping of the mind which helps in locating the various mental processes in different regions of the mind can attributed to topographical behaviors.

The topographical behaviors can be used to study human character and how they deal with their emotional as well as the physical challenges around them, it is is a way to know more about people around us and how related with them to have a peaceful society at large.

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Which weak acid would be best to use when preparing a buffer solution with a pH of 8.70

Answers

The weak acid that would be best used when preparing a buffer solution would be An acid with Ka = 2.1 x 10-9

What is an acid?

In chemistry, an acid is used to denote any substances that has the power to turn a litmus paper red and also has a sour taste when in a water solution.

How to solve for the weak acid

The pH needed for the buffer to be made is given as 8.7

We have the following equation

pH = PkA

-logKa = 8.7

Such that Ka = 10^-87

= 2.1 x 10^-9

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Some organizations set up LANs as ______.

Answers

Some organizations set up LANs as network server.

What is network server?

A network server is designed like a computer this is to help act as store for information where repository are sent.

It also give access to other devices such as disk space and printer where by they can send information from them through the Network server.

There are different network server depending on the function other examples are WAN and MAN

Therefore,

Some organizations set up LANs as network server.

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How many grams of chlorine gas can be produced when 98 g of HCl react with excess O2 at STP

Answers

Answer:

didn't get the question well

One ________ of not having a bank account is having to cash checks at a check-cashing store.

Answers

One cost of not having a bank account is having to cash checks at a check-cashing store.

What is a bank account?

A bank account refer to what the bank create for their customers or clients in which he can deposit or withdraw money from there.

Therefore, One cost of not having a bank account is having to cash checks at a check-cashing store.

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Which of the following are managerial skills necessary for being a successful coach

Answers

The  managerial skills necessary for being a successful coach

Legal ResponsibilitiesPreparation   Time Management

This is further explained below.

What are managerial skills?

Generally, Business planning, decision-making and problem-solving are just a few examples of management capabilities.

In conclusion, The competencies in management that are essential for a career as a successful coach

A) Responsibilities Regarding Legal Matters B) Preparation C) Managing One's Time

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What is the difference between an optical double star and a visual binary star

Answers

An optical double is an illusion—the stars are at vast distances from each other and are not actually orbiting each other—whereas in a visual binary, the stars are actually orbiting each other. its total energy output into all space

Which of the following most accurately describes your company's production operations

Answers

The option that most accurately describes your company's production operations is:

Standard and superior materials are sourced from outside suppliers at "base" prices that are currently $6 per pair for 100% use of standard materials and $12 per par tor 100% use of superior materials, however, these base prices can vary up or down according to the strength of global demand for footwear materials and the global percentage usage of standard versus superior materials

What is the production operations?

Production and operations is said to be the management of works and operations that are said to be used by businesses in regards to production of their goods and services.

Hence the Standard and superior materials are sourced from outside suppliers at "base" prices that are currently $6 per pair for 100% use of standard materials and $12 per par tor 100% use of superior materials, however, these base prices can vary up or down according to the strength of global demand for footwear materials and the global percentage usage of standard versus superior materials

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Which of the following is a rare primate residence pattern found only in orangutans and a few strepsirrhines

Answers

Solitary movement is a  rare primate residence pattern found only in orangutans and a few strepsirrhines,

What is meant by solitary movement?

This is the term that is used to refer to the fact that a person or something exists on its own. This thing may be found only in the confinement of itself without having much to do with other people.

Hence based on the question we are being told that it is difficult to find the orangutan alone or staying on its own. It can be assumed that they would have a herd type of lifestyle with their kind.

Hence the answer to the question is that the Solitary movement is a  rare primate residence pattern found only in orangutans and a few strepsirrhines,

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RN Adult Medical Surgical Online Practice 2019 A

Answers

An example of a question under the Adult Medical Surgical Online Practice is given below.

The findings as a result of the ailment that does have an adverse effect of the medication given is hypokalemia.

What is  Hypokalemia?

The term Hypokalemia connote when a person has a low blood potassium levels.

Note that body is one that do needs  consistent  use of potassium so that it can  function correctly and Hypokalemia is mostly due to by an excessive loss of potassium in a person's digestive tract as a result of vomiting, diarrhea and other.

Therefore, The findings as a result of the ailment that does have an adverse effect of the medication given is hypokalemia.

See full question below

a nurse is caring for a client who has hepatic encephalopathy that is being treated with lactulose. the client is experiencing excessive stools. which of the following findings is an adverse effect of the medication?

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Takt time is solely driven by the rate of

Answers

Takt time is solely driven by the rate of demand

What is Takt time?

Takt time is used to measure the time taken to produce a particular product

The demand of the produce will determine the takt time and the quantity of the produce demanded.

Therefore, Takt time is solely driven by the rate of demand.

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Informal communication systems skip over hierarchical levels and between departments and functions. They can connect

Answers

Informal communication systems skip over hierarchical levels and between departments and functions. They can connect almost anyone in an organization to anyone else.

What is informal communication?

This is the type of communication that may take place in an organization that is known to not use the normal structures and forms of communication. This type if communication in the office is one that is unofficial.

This type of communication is one that involves making friends and sharing contacts. There are no rigid rules to this type of communication. It takes place in an atmosphere of friendliness and good rapport between the workers.

We can conclude by saying that Informal communication systems skips over hierarchy and can connect almost everyone in the office.

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the graph above compares the age of a car to its value. which of the following is the age of the car when its value is 12500

Answers

The age of this car when its value is $12,500 is most likely between 2 and 3 years.

What is a graph?

A graph can be defined as a type of chart that's used to graphically represent data on both the horizontal and vertical lines of a Cartesian coordinate, which are the x-axis and y-axis.

By critically observing the graph attached in the image below, we can infer and logically deduce that the age of this car when its value is $12,500 is most likely between 2 and 3 years.

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