Which of the Following Is Not Treated as a Change

question 49

Multiple Choice

Which of the following is not treated as a change in accounting policy?

• A)A change from average cost to FIFO for inventory valuation
• B)A change to a different method of depreciation for plant assets
• C)A change from full-cost to successful efforts in the extractive industry
• D)A change from cost-recovery to percentage-of-completion

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Definitions:

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Buying a Muffin Script

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Chronically Accessible

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