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Access the FASB Accounting Standards Codification at the FASB website ( www.fasb.org ). Determine the specific eight-digit Codification citation (XXX-XX-XX-X) for accounting for each of
Access the FASB Accounting Standards Codification at the FASB website (www.fasb.org). Determine the specific eight-digit Codification citation (XXX-XX-XX-X) for accounting for each of the following items: Required: 1. Reporting most changes in accounting principle. 2. Disclosure requirements for a change in accounting principle. 3. Illustration of the application of a retrospective change in the method of accounting for inventory.
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