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  3. Study Set
    Financial Accounting IFRS Study Set 1
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    Exam 9: Plant Assets, Natural Resources, and Intangible Assets
  5. Question
    Changes in Depreciation Method Under IFRS Are Reported in Current
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Changes in Depreciation Method Under IFRS Are Reported in Current

Question 59

Question 59

True/False

Changes in depreciation method under IFRS are reported in current and future periods, but under U.S. GAAP such changes are treated as prior period adjustments.

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