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(The legal rights, responsibilities, and liabilities involved when the accounting function is asked to take action(s) that may be inconsistent with the accounting basis that

(The legal rights, responsibilities, and liabilities involved when the accounting function is asked to take action(s) that may be inconsistent with the accounting basis that the company has traditionally used.
Does it matter if this is a “one-time” shift, or not?
Would it matter if the shift were not disclosed to the company’s lenders or the SEC? Why or why not?



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