Which of the Following Is an Example of a Change

Multiple Choice

Which of the following is an example of a change in accounting principle that is accounted for retrospectively?

A) an Accounting Standards Update has been issued and a former principle is no longer generally accepted
B) initial adoption of a generally accepted accounting principle because of events or transactions occurring for the first time
C) change to a generally accepted accounting principle from a principle that is not generally accepted
D) modification of an accounting principle for transactions or events that are clearly different in substance from those previously occurring