The Effect of a Change in Accounting Principle That Is

question 33

Multiple Choice

The effect of a change in accounting principle that is inseparable from the effect of a change in accounting estimate should be reported

• A) by showing the pro forma effects of retroactive application.
• B) by restating the financial statements of all prior periods presented.
• C) in the period of change and future periods
• D) as a correction of an error.

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