Lore Co. changed from the cash basis to the accrual basis of accounting during 2005. The cumulative effect of this change should be reported in Lore's 2005 financial statements as a A. Prior period adjustment resulting from the correction of an error.
B. Prior period adjustment resulting from the change in accounting principle.
Prior period adjustments do not result from changes in accounting principle. Therefore, this answer could never be correct.
C. Adjustment to retained earnings for an accounting principle change.
D. Component of income after extraordinary item.

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What are the functions of wal-mart? are they the same or different from the functions of wal-mart in our individual lives? how do the two type of functions connect? does wal-mart have both manifest and latent functions? what are they? are there any dysfunctions of wal-mart for society? if so, what are they? how might these dysfunctions serve as incentives or catalysts for social change? conflict questions: does wal-mart affect every group in society in the same way? if not, what are the differences? how does wal-mart perpetuate the inequalities (of gender, race, class, religion, age, sexual orientation, etc.) in our society? how does wal-mart contribute to conflict between unequal groups in our society? how might wal-mart contribute to social change or the amelioration of inequalities in society? interactionist questions: what kind of symbolic world are you likely to encounter inside a wal-mart store, and how does that affect the shopper’s experience? how does wal-mart influence our interpersonal interactions? how do interpersonal interactions shape the wal-mart experience for shoppers? for workers? how does wal-mart contribute to our socially constructed reality?