Which of the Following Is Not a Retrospective-Type Accounting Change

question 44

Multiple Choice

Which of the following is not a retrospective-type accounting change?

• A)Cost-recovery method to the percentage-of-completion method for long-term contracts
• B)Cost-recovery method to the FIFO method for inventory valuation
• C)Sum-of-the-years'-digits method to the straight-line method
• D)"Full cost" method to another method in the extractive industry

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