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    Business
  3. Study Set
    Intermediate Accounting
  4. Exam
    Exam 18: Additional Reporting Issues
  5. Question
    If the Previously Used Accounting Principle Was Not Acceptable, a Change
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If the Previously Used Accounting Principle Was Not Acceptable, a Change

Question 58

Question 58

True/False

If the previously used accounting principle was not acceptable, a change to a generally accepted accounting principle is considered a change in principle.

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