Question: When there is a change in the reporting entity, how should the change be reported in the financial statements? A. Prospectively, including note disclosures. B.

When there is a change in the reporting entity, how should the change be reported in the financial statements?

A. Prospectively, including note disclosures.

B. Retrospectively, including note disclosures, and application to all prior period financial statements presented.

C. Currently, including note disclosures.

D. Note disclosures only.

When there is a change in the reporting entity, how should

When there is a change in the reporting entty. how should the change be reported in the financiat statements? Prospoctively, including note disclosures. Retrospectively. including note disclosures, and application to all prior period financial statements presented Curtently, including note disclosures Note disciosures only

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