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1. Which of the following represents a change in accounting principle? Multiple Choice Switching from a non-GAAP method to a GAAP method. Adopting a new
1. Which of the following represents a change in accounting principle?
Multiple Choice
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Switching from a non-GAAP method to a GAAP method.
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Adopting a new standard issued by FASB.
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Adjusting the Cost of Goods Sold account for the difference between the inventory balance and the inventory on hand.
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Changing from one GAAP depreciation method to another GAAP method.
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