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8 . Which of the following disclosures is not required for a change from LIFO to FIFO? a . the cumulative effect on prior years,
Which of the following disclosures is not required for a change from LIFO to FIFO?
a the cumulative effect on prior years, net of tax, in the current retained earnings statement
b the justification for the change
c restated prior year income statements
d indirect effect impact related to the change in accounting principle
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