Which of the following would not be accounted for using the retrospective approach? a. A change from the completed contract method to the percent-of-completion method for long-term construction contracts. A change in depreciation methods. A correction of an error made two years ago and discovered in the current year. c. d. A change from LIFO to FIFO inventory costing. If the lessor records deferred rent revenue at the beginning of a lease term, the lease must a. Be a financing lease. c. Contain a bargain renewal option. d. Be an operating lease. b. Be a sales-type lease. Which of the following is not one of the requirements for accrual of vacation and/or sick days? a. The amount can be estimated reasonably well. b. Payment is unlikely. c. The benefit can be carried over to a later year. d. The employee has already "earned" the vacation and/or sick days