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Which of the following changes should not be accounted for using the retrospective approach? Multiple Choice A change in accounting for long-term construction contracts by

Which of the following changes should not be accounted for using the retrospective approach? Multiple Choice

A change in accounting for long-term construction contracts by recognizing revenue over time rather than when the contract is completed

A change from the LIFO method of costing inventories

A change in the estimated useful life of a depreciable asset

A change from the FIFO method of inventory costing to the average method

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