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If a company changes the method of inventory valuation that is used, which of the following statements is TRUE? O A. They will generally need

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If a company changes the method of inventory valuation that is used, which of the following statements is TRUE? O A. They will generally need to retrospectively apply the impact of the change as an adjustment to Retained Earnings. OB. The net income will always increase C. According to the matching principle, it is required to report any changes in inventory valuation methods OD. Companies are not allowed to change inventory valuation methods

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