Question: Under IFRS, a voluntary change in accounting method may only be made by a company if a. A new standard mandates the change in method.
Under IFRS, a voluntary change in accounting method may only be made by a company if
a. A new standard mandates the change in method.
b. Management prefers the new method.
c. The new method provides reliable and more relevant information.
d. There is no prohibition of the method in the standards.
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