Accounting:

Indicate the nature of each of the situations described below using the following three-letter code.

CODE DESCRIPTION

CPR: Change in principle reported retrospectively

CPP: Change in principle reported prospectively

CES: Change in estimate

CRE: Change in reporting entity

PPA: Prior period adjustment required

_____ Technological advance that renders worthless a patent with an unamortized cost of $45,000.

_____ Change from LIFO inventory costing to average inventory costing.

_____ Including in the consolidated financial statements a subsidiary acquired several years earlier that was appropriately not included in previous years.

_____ Change from FIFO inventory method to LIFO.

_____ Pension plan assets for a defined benefit pension plan achieving a rate of return in excess of the amount anticipated.

_____ Change from the pay-as-you-go method to estimating warranty expense in the period the related product is sold.

_____ Change from declining balance depreciation to straight-line.

_____ Change from determining lower of cost or net realizable value for inventories by the individual item approach to the aggregate approach.

_____ Settling a lawsuit for less than the amount accrued previously as a loss contingency.

_____ Change in the estimated useful life of office equipment.