Question: Indirect effects from a change in accounting principle should be reported a. Retrospectively to the earliest period presented. b. As a cumulative change in accounting

Indirect effects from a change in accounting principle should be reported

a. Retrospectively to the earliest period presented.

b. As a cumulative change in accounting principle in the current period.

c. In the period in which the accounting change occurs.

d. As a prior period adjustment.

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