Question: 1 pts U Question 48 ABC, Incorporated changed an accounting procedure. The change appears in the notes to the financial statements, along with an explanation

1 pts U Question 48 ABC, Incorporated changed an accounting procedure. The change appears in the notes to the financial statements, along with an explanation of the reason for the change and how it impacted the numbers in the financial statements. ABC, Incorporated has accurately followed the convention of full-disclosure consistency O management. conservatism Question 49 1 pts If a manufacturer ships merchandise to a retailer on consignment, the unsold merchandise should be included in the inventory of the IRS retailer manufacturer shipper

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