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A company changed its inventory costing formula from specific identification to weighted average this year, and disclosed the reason and effect of the change
A company changed its inventory costing formula from specific identification to weighted average this year, and disclosed the reason and effect of the change on its financial statements. Which of the following is correct? a) timely - followed b) faithful violated c) going concern - violated d) unit-of-measure - violated e) comparable followed
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Corporate Financial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
14th edition
130565353X, 978-1305887510, 1305887514, 978-1305653535
