Question: The Korver Company decided to change its inventory costing method from average to FIFO. The depreciation method also was changed from double-declining balance to straight

The Korver Company decided to change its inventory costing method from average to FIFO. The depreciation method also was changed from double-declining balance to straight line. Identify the type of accounting change for these two changes and briefly describe the difference in accounting treatment between the two, if any.

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