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    Intermediate Accounting Study Set 7
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    Exam 21: Accounting Corrections and Error Analysis
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    When Making a Voluntary Accounting Change, a Firm Must Explain
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When Making a Voluntary Accounting Change, a Firm Must Explain

Question 36

Question 36

True/False

When making a voluntary accounting change, a firm must explain the justification for the change on the basis that it more accurately portrays its financial position and performance.

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