Q8 Which of the following statement about accounting changes is correct? A. Retrospective application is considered impracticable if a company cannot determine the prior period effects using every reasonable effort to do so. requires an adjustment to the beginning balance of retained earnings. retrospectively principle. B. A change in from an accelerated method to the straight-line method of depreciation C. A change in the useful life and salvage value of a depreciable asset is handled D. Companies account for a change in depreciation methods as a change in accounting