Question on image

\begin{tabular}{|l|l} \hline Question 1 & Correction of a prior period error is applied prospectively. \\ Not yet answered & Select one: \\ Marked out of 1.00 \\ P Flag question & False \\ \hline \end{tabular} \begin{tabular}{|l|} \hline Question 2 \\ Answer saved \\ Marked out of \\ 1.00 \\ P Flag \\ question \\ \hline \end{tabular} All of the following are considered to be accounting errors except for a. expensing the cost of a new machine b. changing depreciation methods from declining balance to straight line c. failing to accrue wages payable at year end d. changing from the cash basis to the accrual basis \begin{tabular}{|l|l} \hline Question 3 & Changes in accounting estimates are applied retrospectively. \\ Not yet answered & Select one: \\ Marked out of 1.00 & True \\ PFlag question & False \\ \hline \end{tabular}