4 Which of the following would be accounted for as a change in accounting estimate? (More than one answer may be correct) A. An electronics retailer has never accrued for warranties or product guarantees. A new consumer protection law comes into effect, giving buyers of electronic products a guarantee against defects for 100 days after purchase and the ability to retum defective products to the retailer B. A manufacturer determines that credit losses are becoming material due to deteriorating economic conditions. As a result, it decides to set up an allowance for doubtful accounts at 5% of amounts over 90 days. C. A shipbuilder changes its revenue recognition policy from the point of receipt by the customer to when the ship leaves the factory shipyard. This charge results from a change in shipping policy hom to b. destination to fo be shipping point (Recall from introductory accounting that fob means "ree on board," and it refers to the point at which ownership transfers from seller to buyer) D. A clothing company that has been operating for 20 years decides to obtain an extemal audit for the first time of cost and net realizable value, whereas the company has previously only tracked and reported inventory Sgures at cost. A fumiture maker decreases bad debts expense from 3% to 2% of credit sales meet the bank's demands. The aude fem recommends that management report ventures at the lowe F. A parking service estimates bad debts to be 10% of the value of parking violations issued in the current year, it changes to estimating the allowance for bad debts to be equal to 20% of accounts 30 to 90 days and 50% of accounts over 90 days