A change in the method of inventory pricing from FIFO to average cost would be accounted for as a (an):
A. Change is estimate
B. part of discontinued operations
C. Extraordinary item
D. Change in accounting principle
Ans: D. Change in accounting principle
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In Chapter 11, the court has two mechanisms to implement an optimal bankruptcy outcome:
a. the right to extinguish any claim, and the use of a restricted auction. b. the right to extinguish any claim, and restrictions on bargaining between claimants. c. restrictions on bargaining between claimants, and the threat of fines. d. restrictions on bargaining between claimants, and the use of a restricted auction.
METHOD = "get" should be used when
(a) updating a database. (b) the form data must be sent as an environment variable. (c) special characters must be submitted. (d) making a database request.