Which of the Following Is a Change in Accounting Principle

question 56

Multiple Choice

Which of the following is a change in accounting principle?

• A)A change in the estimated service life of machinery
• B)A change from FIFO to LIFO
• C)A change from straight-line to double-declining-balance
• D)A change from FIFO to LIFO and a change from straight-line to double-declining- balance

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