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Which of the following statement(s) regarding changes in accounting estimate is (are) correct? |. Changes in accounting estimates generally result from the availability of new
Which of the following statement(s) regarding changes in accounting estimate is (are) correct? |. Changes in accounting estimates generally result from the availability of new information. ll. Disclosure of current period effects is generally required for changes in estimate. lll. A change in accounting principle that is inseparable from a change in estimate is accounted for prospectively, but with footnote disclosure of retrospective effects. Multiple Choice e@
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