What is a prior-period adjustment?

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Horngrens Financial & Managerial Accounting

ISBN: 9780136516255

7th Edition

Authors: Tracie Miller Nobles, Brenda Mattison

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Question Posted: Aug 10, 2023 08:21 AM

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What is a prior-period adjustment?

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A priorperiod adjustment in accounting and financial reporting refers to a correction made to the financial statements of a company for errors or inac...View the full answer

Horngrens Financial & Managerial Accounting

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