Business decisions can lead to many different changes in entity, but the most common in today's economy is which type of change? (RE\&CF 3) Consolidating financial statements Dropping below 20% ownership Reaching the 20% ownership threshold Adding an additional partnes to a partnership Question 2 What is included in the entry to account for an excess dividend? (RE\&CF 5) Debit to Dividend Revenue Debit to Cash Credit to Unrealized Gain on Investment Credit to Fair Value Adjustment Which of the following is the appropriate way to adjust for changes in accounting principle using the retrospective approach? ( RE\&CF 1&6 ) Making the changes to the current and past year for comparison purposes Making the changes to the current and future years because of missing information Making the changes to the current and other years shown on the financial statements Making the changes to the current and all prior years since the old principle was chosen