a. Show the nature of each of the situations described below using the following descriptions (you can choose one description multiple times). Pension plan assets for a defined benefit pension plan achieving a rate of Change in principle reported retrospectively return in excess of the amount anticipated. Change in reporting entity Change from declining balance depreciation to straight-line. Change in principle reported prospectively Change from the pay-as-you-go method to estimating warranty expense in the period the related product is sold. Change in principle reported prospectively b. C. d. Change from FIFO inventory method to LIFO e. Change in estimate