Question: Help Save & Exit Sub When reporting a change in accounting principle, the usual approach is to report the change Multiple Choice 0 As a

Help Save & Exit Sub When reporting a change in accounting principle, the usual approach is to report the change Multiple Choice 0 As a cumulative effect included in net income of the period of change Prospectively, in the period of change and future periods affected by the change oooo As a cumulative effect included in net income of the period of change and prospective application in future periods. By retrospective application to previously issued financial statements to report the effects of the new principle 90

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