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Knowiedge Check o1 Which of the following statements about changes in accounting estimates are correct? (Select all that apply.) Chock As that Apgly A revision

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Knowiedge Check o1 Which of the following statements about changes in accounting estimates are correct? (Select all that apply.) Chock As that Apgly A revision of an original estimate mode in bod tath should be accounted for as a cocrection of an error. Changes in accounting estmates are accounted for prospectively. Changes in accounting extimates are accounted for rotcospectevely. When a company revises a previous estimate, prior financial statements are reviled When a company revises a previous eromase, priar ananciat statements dee not revised

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