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A change in warranty obligations because new information has been obtained is A. A correction of an error. B. An accounting change that should be
A change in warranty obligations because new information has been obtained is A. A correction of an error. B. An accounting change that should be reported in the period of change and future periods if the change affects both. C. An accounting change that should be reported by restating the financial statements of all prior periods presented. D. Not an accounting change.
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