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ACC 423 Week 5 Discussion Question 1 For more course tutorials visit www . uophelp . com
ACC 423 Week 5 Discussion Question 2
For more course tutorials visit www . uophelp . com
ACC 423 Week 5 DQ ( New )
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ACC 423 Week 5 Discussion Question 1 For more course tutorials visit www . uophelp . com

What is a change in accounting principle ? How do you determine if a change in principle should be reported retroactively , currently , or prospectively ? How do these changes affect the financial statements ? What experience do you have with change in accounting principle in your organization or an organization you are familiar with ? ==================================================

ACC 423 Week 5 Discussion Question 2

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What are the differences between counterbalancing and noncounterbalancing errors ? What are some examples of counterbalancing and noncounterbalancing errors ? How are each handled ? What experience do you have with counterbalancing and / or noncounterbalancing errors in your organization or an organization that you are familiar with ? Does it matter if the books are closed ? Explain why or why not . ==================================================

ACC 423 Week 5 DQ ( New )

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What is a change in accounting principle ? How do you determinate if a change in principle should be reported retroactively , currently or prospectively ? How do these changes affect financial statements ? Why do accountants make errors ? What types of errors may occur ? Why is it necessary to correct them ? Whit are the ramifications of not