At the Time Fisher Corporation Became a Subsidiary of Ashbury

question 50

Multiple Choice

At the time Fisher Corporation became a subsidiary of Ashbury Corporation, Fisher switched depreciation of its plant assets from the straight-line method to the sum-of-the-years'-digits method used by Ashbury. With respect to Fisher, this change was a

• A) change in an accounting estimate.
• B) correction of an error.
• C) change in accounting principle.
• D) change in the reporting entity.

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The right or ability of individuals and communities to make their own choices and decisions, free from external compulsion.

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