Kasper company includes three years in the statement of shareholders’ equity in its annual report. during year 4, management corrected an error that had understated the net income reported in year 1 by $10,000. how should kasper reflect the correction of this error in the statement of shareholders’ equity included in its year 4 annual report?

(a) a change in reporting entity should be reported in year 4

(b) a prtor perlod adjustment to the beginning-of the-year retsined earnings balance shouild be reported in the year 2 amount

(c) a prior pertod adjuctmant to the beginning-cf the-year rerained earnings balance shouid be repoted in the year 3 amoun

(d) a prior period adjustment to the beginning-of the-year retained oarnings balance shouid be reported in the year 4 amount

mark, a civil engineer, entered into a contract with david. as per the contract, mark agreed to design and build a house for david for a specified fee. mark provided david with an estimation of the total cost and the contract was mutually agreed upon. however, during construction, when mark increased the price due to a miscalculation on his part, david refused to pay the amount. this scenario is an example of a mistake.

An object that is clicked on and takes the presentation to a new targeted file is done through a

Your team has identified the risks on the project and determined their risk score. the team is in the midst of determining what strategies to put in place should the risks occur. after some discussion, the team members have determined that the risk of losing their network administrator is a risk they'll just deal with if and when it occurs. although they think it's a possibility and the impact would be significant, they've decided to simply deal with it after the fact. which of the following is true regarding this question? a. this is a positive response strategy.b. this is a negative response strategy.c. this is a response strategy for either positive or negative risk known as contingency planning.d. this is a response strategy for either positive or negative risks known as passive acceptance.