Which One of the Following Statements Is True

Multiple Choice

Which one of the following statements is true?

A) Using straight-line depreciation for all newly acquired assets when double-declining-balance depreciation was used in the past does not require a cumulative-effect adjustment.
B) An obvious error in recording depreciation expense in a prior year should be corrected by adjusting the current year's net income.
C) A change from straight-line to sum-of-the-years'-digits depreciation should be handled prospectively.
D) Changes in depreciation estimates are prior-period adjustments.