Multiple Choice
Which of the following is a change in estimate?
A) A change from the full costing method in the extractive industries.
B) A change from recognizing construction contract revenue over time to recognizing revenue at a point in time.
C) Consolidating a subsidiary for the first time.
D) A change in the termination rate of employees under a pension plan.
Correct Answer:
Verified
Correct Answer:
Verified
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