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A company changed its inventory costing formula from FIFO to specific identification this year, and did not disclose the reason and effect of the change
A company changed its inventory costing formula from FIFO to specific identification this year, and did not disclose the reason and effect of the change on its financial statements. Which of the following is correct?
unit-of-measure - violated
comparable - followed
faithful - violated
timely - followed
going concern - violated
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