Question
Which one of the following changes should be reported by not restating the financial statements of prior periods is the change from a. FIFO method
Which one of the following changes should be reported by not restating the financial statements of prior periods is the change from
a. FIFO method of inventory pricing to the weighted average method b. Sum-of-years digits method to the straight-line method c. Cost recovery method to percentage of completion d. LIFO method of inventory pricing to FIFO method
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International Accounting A User Perspective
Authors: Suadagaran, Shahrokh M, Smith Lawrence Murphy
5th Edition
1531018661, 9781531018665
