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If a Company Starts Using a New Accounting Method Because

question 56

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If a company starts using a new accounting method because of a change in circumstances; this is considered a change in accounting policy under IFRS.


Definitions:

Modify The Report's Design

The process of changing the layout, structure, or visual elements of a data report to better meet user needs or preferences.

Continue By Creating

Instruction or action to proceed with the creation or development of a component, feature, or document.

Send The Report

The action of distributing or delivering a report to intended recipients via email, print, or other methods of dissemination.

Database

An organized collection of data, generally stored and accessed electronically from a computer system.

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