Multiple choice:

Which of the following transactions should be classified as an accounting change?

I. Change from a previously generally accepted accounting principle to a new accounting principle.

II. Change from an accounting principle not generally accepted to a generally accepted accounting principle.

III. Change in the percentage used to determine an allowance for credit losses.

A. I, II, and III.

B. I and II.

C. I and III only.

D. II and III only.