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Knowledge Check 0 1 the useful life estimate to a total of 8 years. This change should be accounted for as a: Multiple Choice Change
Knowledge Check
the useful life estimate to a total of years. This change should be accounted for as a:
Multiple Choice
Change in accounting principle, with a retrospective approach.
Change in accounting estimate, with a retrospective approach.
Material accounting error, with an adjustment to retained earnings and disclosure note.
Change in accounting estimate, with a prospective approach.
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