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A change from the generally accepted principle of FIFO to the generally accepted principle of LIFO should be handled: A.Retrospectively B.Retrospectively with a prior period

A change from the generally accepted principle of FIFO to the generally accepted principle of LIFO should be handled:

A.Retrospectively

B.Retrospectively with a prior period adjustment

C.Prospectively

D.In whichever manner the company chooses

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