Question: Question 2 1 pts A company changed its inventory from Weighted Average to the FIFO method for inventory. As a result, the beginning inventory was
Question 2 1 pts A company changed its inventory from Weighted Average to the FIFO method for inventory. As a result, the beginning inventory was higher than it was under the weighted average method by $6,000. Which type of accounting treatment will this accounting change recelve? Retrospective Prospective Question 2 1 pts A company changed its inventory from Weighted Average to the FIFO method for inventory. As a result, the beginning inventory was higher than it was under the weighted average method by $6,000. Which type of accounting treatment will this accounting change recelve? Retrospective Prospective
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