Which of the Following Events Would Require Disclosure in the Current

question 128

Multiple Choice

Which of the following events would require disclosure in the current financial statements?

• A) Change in the method used to calculate bad debt expense.
• B) Change from Weighted Average to FIFO for merchandise inventory.
• C) Change in the estimated amortization period for an intangible asset.
• D) Change in recording the income for long-term construction contracts
• E) All of these choices are correct.

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