Adoption of ASC Topic 606 related to revenue recognition represents a Multiple Choice Voluntary change in accounting

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Adoption of ASC Topic 606 related to revenue recognition represents a

Multiple Choice
Voluntary change in accounting estimate.
Voluntary change in accounting principle.
Mandatory change in accounting principle.
Mandatory change in accounting estimate.

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Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt

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Posted Date: Jan 25, 2022 02:47 AM

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Adoption of ASC Topic 606 related to revenue recognition represents a Multiple Choice Voluntary change in accounting

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Option C ie mandatory change in the accounting principle is the correct answer ASC Topic 606 ... View the full answer

Auditing Cases An Interactive Learning Approach

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