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Which of the following is not an example of an accounting error that would require correction? O failure to include a significant $50,000 salvage value
Which of the following is not an example of an accounting error that would require correction? O failure to include a significant $50,000 salvage value in computing the depreciation base for the straight-line method O determining a portion of goodwill recorded in a prior year acquisition has been impaired changing from the cash basis to the accrual basis of accounting O adopting a depreciation policy that sets all useful lives at 40 years, regardless of the asset
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