QUESTION==1

Under the general rule of revenue recognition, revenue is recognized when
A)	marketability and market price are assured.
B)	a contractual agreement exists, and cash collection is assured.
C)	all related expenses have been incurred.
D)	the earnings process is complete, and a valid promise of payment has been received.

QUESTION--2

A change from the straight-line method of depreciation to an accelerated method should be accounted for as a(n)
A)	change in an accounting estimate.
B)	accounting error.
C)	change in an accounting principle.
D)	prior period adjustment.