Changes in estimates are accounted for using which approach? Select one: O A. Modified prospective. B. Prospective. C. Retrospective. D. Modified retrospective. Ending inventory is equal to the cost of items on hand plus: Select one: A. Items in transit sold f.o.b. destination. B. Items in transit sold f.o.b. shipping point. C. Purchases in transit f.o.b. destination. D. None of these answer choices is correct