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  3. Study Set
    Intermediate Accounting Reporting and Analysis Study Set 1
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    Exam 22: Accounting for Changes and Errors
  5. Question
    A Company Accounts for a Change in Reporting Entity as a Prospective
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A Company Accounts for a Change in Reporting Entity as a Prospective

Question 55

Question 55

True/False

A company accounts for a change in reporting entity as a prospective adjustment so that all the financial statements are presented for the same entity.

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