14. Gregg Company changes the warranty liability percentage from 1% of sales to .5% of sales is an example of:
(a) change in estimate
(b) change in principle
(c) change in entity
(d) accounting errors.
15. An audit of Harper Jeans Inc. identifies improper accounting for returns for the last three years is an example of:
(a) change in estimate
(b) change in principle
(c) change in entity
(d) accounting errors.