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    Intermediate Accounting Study Set 2
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    Exam 20: Accounting Changes and Error Corrections
  5. Question
    Describe Briefly the Approaches of Reporting Changes in Accounting Principles
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Describe Briefly the Approaches of Reporting Changes in Accounting Principles

Question 150

Question 150

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Describe briefly the approaches of reporting changes in accounting principles.

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(1) Retrospective-prior years restated.
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