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    Intermediate Accounting IFRS Study Set 3
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    Exam 22: Accounting Changes and Error Analysis
  5. Question
    Adoption of a New Policy in Recognition of Events That
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Adoption of a New Policy in Recognition of Events That

Question 25

Question 25

True/False

Adoption of a new policy in recognition of events that have occurred for the first time or that were previously immaterial is treated as an accounting change.

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