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  2. Topic
    Business
  3. Study Set
    Intermediate Accounting
  4. Exam
    Exam 5: Income Statement and Related Information
  5. Question
    A Change in Accounting Principle Is Considered Appropriate Only When
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A Change in Accounting Principle Is Considered Appropriate Only When

Question 33

Question 33

True/False

A change in accounting principle is considered appropriate only when it is demonstrated that the newly adopted principle is preferable to the old one.

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