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Our company switched from double-declining balance depreciation to straight-line depreciation. As a result, A.current income tax payable increases. B. the cumulative effect decreases current period

Our company switched from double-declining balance depreciation to straight-line depreciation. As a result,

A.current income tax payable increases. B. the cumulative effect decreases current period earnings. C. prior periods' financial statements are restated. D.None of the above

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