Which of the Following Is Not Correct Regarding the Provisions

Multiple Choice

Which of the following is not correct regarding the provisions of IAS No. 8 on accounting changes and error corrections?

A) A change in accounting estimate is reflected in the current and future periods.
B) A change in depreciation method (such as from an accelerated method to the straight-line method) is classified as a change in estimate.
C) A change in depreciation method (such as from accelerated method to the straight-line method) is classified as a change in accounting principle.
D) IFRS No. 8 generally reflects a preference for restating prior results to improve comparability of financial statements.