Listed Below Are Five Terms Followed by a List of Phrases

Multiple Choice

Listed below are five terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the correct term.
-Changes in reporting entity

A) Involves consolidated financial statements.
B) The approach used for changes in depreciation methods.
C) Accounting changes always handled retrospectively.
D) Required for all material accounting changes and error corrections.
E) Most are handled under the retrospective approach.