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Which of the following accounting principle changes typically is reported prospectively? Multiple Choice Changing inventory method from LIFO to FIFO. Changing inventory method from FIFO
Which of the following accounting principle changes typically is reported prospectively?
Multiple Choice
Changing inventory method from LIFO to FIFO.
Changing inventory method from FIFO to LIFO.
Changing reporting of investments from the equity method to the fair value method.
Adopting ASC topic on revenue recognition on the standard's effective date.
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