Question: Q 13.87: Identify the true statement regarding changes in accounting principles. A They are not reported retroactively B They are allowed when new principles are

Q 13.87: Identify the true statement regarding changes in accounting principles. A They are not reported retroactively B They are allowed when new principles are preferable to old principles C They are only reported in the current period D) They should be used to improve the financial position of the company

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