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oluntary accounting policy changes are said to be unintended signals about the financial health and future prospects of a firm from management to a firms
oluntary accounting policy changes are said to be unintended signals about the financial health and future prospects of a firm from management to a firms stockholders. Discuss how a and why you would expect the capital markets to react to news that a company was voluntarily changing its inventory method poicy from (a) LIFO to FIFO, and (b) from FIFO to LIFO.
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