Question: LTIPLE CHOICE I. Which statement concerning accounting for accounting changes and errors is not true? a. an error is accounted for retroactively b. a change

LTIPLE CHOICE I. Which statement concerning accounting for accounting changes and errors is not true? a. an error is accounted for retroactively b. a change in accounting principle is accounted for prospectively c. a change in accounting principle may be accounted for retroactively d. a change in accounting estimate is accounted for prospectively

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