Question: A change from average - cost inventory valuation to another inventory valuation method is an example of a retrospective - effect type of accounting change.

A change from average-cost inventory valuation to another inventory valuation method is an example of a
retrospective-effect type of accounting change.
current-effect type of accounting change.
prospective-effect type of accounting change.
cumulative-effect type of accounting change.
A change from average - cost inventory valuation

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