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Which of the following is NOT considered to be a change in accounting policy? a. changing from the cost basis to the fair value model
Which of the following is NOT considered to be a change in accounting policy?
a. changing from the cost basis to the fair value model for measuring investments
b. initial adoption of a new accounting standard
c. changing from weighted average to FIFO for valuing inventories
d. reclassifying items on the financial statements of prior periods to make the statements more comparable
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