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All the following are allowed for accounting changes, except for Question 42Select one: a. using net accounting errors for disclosure purposes. b. using retrospective application
All the following are allowed for accounting changes, except for
Question 42Select one:
a.
using net accounting errors for disclosure purposes.
b.
using retrospective application for an accounting policy change without restatement, if restatement is impractical.
c.
using prospective application for an accounting policy change, if allowed in the transition policy.
d.
using prospective application for a change in estimate.
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