Question: TB MC Qu . 0 8 - 7 5 ( Static ) A change in an accounting... A change in an accounting estimate is: 0
TB MC QuStatic A change in an accounting...
A change in an accounting estimate is:
::
Multiple Choice
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Reflected in past financial statements.
Considered an error in the financial statements.
Reflected in future financial statements and also requires modification of past statements.
Not allowed under current accounting rules.
Reflected in current and future years' financial statements, not in prior statements.
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