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Stone Company changed its method of pricing inventories from FIFO to LIFO. What type of accounting change does that represent? a change in accounting principle

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Stone Company changed its method of pricing inventories from FIFO to LIFO. What type of accounting change does that represent? a change in accounting principle for which the financial statements for prior periods included for comparative purposes should be restaved. a change in accounting estimate for which the financial staternents for prior periods included for comparative purpeses should be estated a change in accounting estimate for which the financial statements for prior periods included for comparative purposes should be presented as previousty repored a change in accounting principle for which the financial statoments for prior periods included for comparative purposes should be presented as previousty reported Next

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