Lore Co$.$ changed from the cash basis of accounting to the accrual basis of accounting during the current year. The cumulative

effect of this change should be reporid in Lore's current year financial statements as a:

A$.$ Prior period adjustment resulting from the correction of an error.

B$.$ Prior period adjustment resulting from the change in accounting principle.

C$.$ Component of income from continuing operations.

D$.$ Component of income from continuing operations, net of tax.