A Revision of an Estimate That Extends the Asset's Useful

Multiple Choice

A revision of an estimate that extends the asset's useful life:

A) requires restatement of prior years' financial statements.
B) is ignored until the last year of the asset's life.
C) decreases amortization expense per year for the remaining years of the asset's life.
D) increases amortization expense per year for the remaining years of the asset's life.