At the time Hollywood Corporation became a subsidiary of Vine Corporation, Hollywood switched depreciation of its plant assets from the straight-line method to the sum-of-the-years'-digits method used by Vine. With respect to Hollywood, this change was a
a. change in an accounting estimate.
b. correction of an error.
c. change in the reporting entity.
d. change in accounting principle.
D
Business
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A plan that relates to a specific area of a business, such as marketing, is known as a strategic
plan. Indicate whether the statement is true or false
Business
Organization development is implemented to change which of the following?
A) individual employees B) an entire company C) a single department D) quality circles
Business