【简答题】The Board of OAP Co has decided to limit investment funds to $10 million for the next year and is preparing its capital budget. The company is considering five projects, as follows: All five projects ...
【单选题】Quilo Co has decided to change its depreciation method to better reflect the pattern of use of its equipment.Which of the following correctly reflects what this change represents and how it should be ...
A.
It is a change of accounting policy and must be applied prospectively
B.
It is a change of accounting policy and must be applied retrospectively
C.
It is a change of accounting estimate and must be applied retrospectively
D.
It is a change of accounting estimate and must be applied prospectively