IAS 8 Accounting Policies,Changes in Accounting Estimates and Errors Specifies

Multiple Choice

IAS 8 Accounting Policies,Changes in Accounting Estimates and Errors specifies the accounting treatment for changes in accounting policies,correction of errors and changes in accounting estimates.Which of the following statement(s) in relation to these items is/are true?

A) Prior period errors are to be corrected by restating prior period information.
B) Voluntary changes in accounting policy are to be accounted for prospectively.
C) Changes in accounting estimates are to be accounted for retrospectively, unless it is impracticable to do so.
D) A change in the useful life of an asset is considered a change in accounting policy.