1. When reviewing the books, the accountant discovered that depreciation expense was recorded as $8,000 earlier in the year when it should be only $6,000. Originally the company had calculated the amount using the straight-line method but now, given how the company uses the asset sporadically, the units of production method is a much better fit. What is the underlying cause of this change?

a.

A change in policy

b.

A change in estimate

c.

An error

2. When reviewing the books, the accountant discovered that depreciation expense was recorded as $8,000 earlier in the year when it should be only $6,000. Because the company had been recently purchased, they were changing their methods to match the new parent company's methods used for similar assets. What is the underlying cause of this change?

a.

A change in estimate

b.

An error

c.

A change in policy

3. When reviewing the books, the accountant discovered that depreciation expense was recorded as $8,000 earlier in the year when it should be only $6,000. What is the underlying cause of this change?

a.

A change in estimate

b.

A change in policy

c.

An error

d.

Unable to tell