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need help with this one 20 All of the following statements about changes in accounting policy are correct EXCEPT that they O are implemented retroactively.

need help with this one 20

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All of the following statements about changes in accounting policy are correct EXCEPT that they O are implemented retroactively. O are allowed if it results in the financial statements providing more relevant and reliable information. O are sometimes required because of a change in accounting standards. O do not result in changes to prior periods

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