Which of the Following Isnot Correct Regarding the Provisions of IAS

Multiple Choice

Which of the following isnot correct regarding the provisions of IAS No. 8 on accounting changes and error corrections?

A) Under IFRS No. 8, the recommended approach for a change in accounting principle is that results from prior periods should be restated.
B) IFRS No. 8 allows a change in accounting principle to be accounted for by reflecting the cumulative effect of the change in the income of the current period without restating prior-period results.
C) IFRS No. 8 requires that results from prior periods be presented for all changes in accounting principles.
D) IFRS No. 8 requires a change in accounting estimate to be reflected in the current and future periods.