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Breyer Metal decided to change their inventory costing method from LIFO to FIFO beginning January 1 , 2 0 2 0 . When Breyer reports

Breyer Metal decided to change their inventory costing method from LIFO to FIFO beginning January

1, 2020 .

When Breyer reports

2019

and

2020

financial statements, how will this change in accounting principle be treated?

Concurrently

Comprehensively

Retroactively

Prospectively

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