Question
Which of the following accounting changes does not require a retrospective adjustment? A. Completed-contract method to the percentage-of-completion method for long-term contracts B. Double-declining balance
Which of the following accounting changes does not require a retrospective adjustment?
A. Completed-contract method to the percentage-of-completion method for long-term contracts B. Double-declining balance method of depreciation to the units of production method C. Percentage of receivables method to the percentage of sales method for recognition of bad debt D. LIFO method to the FIFO method for inventory valuation
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Financial Accounting With Microsoft D365 ERP The Book Starts From ABC Of Accounting And Skills You With D365 ERP Accounting Just In 10 Days Accounting With Microsoft D365 ERP Series
Authors: CA Satya Kejriwal ,CA Anand Singh Verma ,Shashidhar Dayaneni
1st Edition
979-8474421872
