Question: The correction of a material error that occurred in a previous period must be accounted for by: O a an adjustment in future accounting periods

The correction of a material error that occurred in a previous period must be accounted for by: O a an adjustment in future accounting periods O D. "ignoring it, errors made in prior periods can't be corrected O C a prospective adjustment to the financial statements d. a retrospective restatement in the first financial statements issued after the discovery of the error

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