Question: ( 7 pts ) 5 . Presenting consolidated financial statements this year when statements of individual companies were presented last year is a . a

(7 pts)5. Presenting consolidated financial statements this year when statements of individual companies were presented last year is
a. a correction of an error.
b. an accounting change that should be reported prospectively.
c. an accounting change that should be reported by restating the financial statements of all prior periods presented.
(d.) not an accounting change.
5
( 7 pts ) 5 . Presenting consolidated financial

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