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  3. Study Set
    Intermediate Accounting Study Set 5
  4. Exam
    Exam 20: Accounting Changes and Error Corrections
  5. Question
    Which of the Following Is the Proper Time Period in Which
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Which of the Following Is the Proper Time Period in Which

Question 2

Question 2

Multiple Choice

Which of the following is the proper time period in which to record a change in accounting estimate?


A) Current period and future periods
B) Current period and retroactively
C) Retroactively only
D) Current period only

Correct Answer:

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