Question: Indicate which change(s) would require an explanatory paragraph in the audit report.Correction of an error by changing from an accounting principle that is not generally
Indicate which change(s) would require an explanatory paragraph in the audit report.Correction of an error by changing from an accounting principle that is not generally acceptable to one that is generally acceptableChange from LIFO to FIFOYesYesCorrection of an error by changing from an accounting principle that is not generally acceptable to one that is generally acceptableChange from LIFO to FIFONoNoCorrection of an error by changing from an accounting principle that is not generally acceptable to one that is generally acceptableChange from LIFO to FIFOYesNoCorrection of an error by changing from an accounting principle that is not generally acceptable to one that is generally acceptableChange from LIFO to FIFONoYes
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