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    Intermediate Accounting Study Set 9
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    Exam 22: Accounting Changes and Error Analysis
  5. Question
    An Indirect Effect of an Accounting Change Is Any Change
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An Indirect Effect of an Accounting Change Is Any Change

Question 86

Question 86

True/False

An indirect effect of an accounting change is any change to current or future cash flows of a company that result from making a change in accounting principle that is applied retrospectively.

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