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Question 20 1 points SAVE ANSWER Topic 3 Carol Ltd applied a straight-line depreciation method for its office equipment. Due to the change in the
Question 20 1 points SAVE ANSWER Topic 3 Carol Ltd applied a straight-line depreciation method for its office equipment. Due to the change in the expected pattern of consumption of the assets, the directors have now decided to apply the reducing balance method to depreciate the assets, for financial period commencing 1 July 2020. According to AASB 108, the impact of this change for the financial year ending 30 June 2021 would be treated as: a. a change in accounting method b. a change in an accounting estimate O c. a change in accounting policy O d. a prior period error
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