Question: A correction of an error from a prior period is reported: a. Between discontinued operations and net income on the income statement. b. As an

A correction of an error from a prior period is reported:

a. Between discontinued operations and net income on the income statement.

b. As an adjustment to the current years beginning retained earnings balance.

c. As a discontinued operation.

d. As an adjustment to the beginning retained earnings balance of the earliest year presented.

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