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Which of the following is not a change in accounting principle that usually is accounted for by retrospectively revising prior financial statements? Multiple Choice Change

Which of the following is not a change in accounting principle that usually is accounted for by retrospectively revising prior financial statements?

Multiple Choice

  • Change from FIFO to the average method of inventory costing.

  • Change from SYD to DDB depreciation.

  • Change from the average method of inventory costing to FIFO.

  • Change from the LIFO to the FIFO method of inventory costing.

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