Question
3. If a company is not able to determine the effect of a change in accounting methods (principles) on prior periods, the company should a.
3. If a company is not able to determine the effect of a change in accounting methods (principles) on prior periods, the company should a. Account for the change in accounting methods prospectively b. Not change the accounting method used (that is, it should continue applying the old accounting method) c. Account for the change in accounting methods currently d. None of these is correct
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
13th Edition
8120335643, 136126634, 978-0136126638
