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    Intermediate Accounting IFRS Study Set 1
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    Exam 4: Income Statement and Related Information
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    Changes in Estimates Affect Reported Amounts
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Changes in Estimates Affect Reported Amounts

Question 50

Question 50

Multiple Choice

Changes in estimates affect reported amounts


A) retrospectively only.
B) prospectively only.
C) currently and prospectively.
D) currently and retrospectively.

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