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Which of the Following Is a Change in Accounting Principle

Question 56

Multiple Choice

Which of the following is a change in accounting principle?


A) A change in the estimated service life of machinery
B) A change from FIFO to LIFO
C) A change from straight-line to double-declining-balance
D) A change from FIFO to LIFO and a change from straight-line to double-declining- balance

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