A Company Changes Its Depreciation Method from an Accelerated System

Multiple Choice

A company changes its depreciation method from an accelerated system to straight line. Which of the following would normally be true?
I. The change would be discussed in the auditor's letter.
II. The cumulative effect of the change would appear net of tax on the income statement.
III. The change would appear in cash flow from operations as a cash inflow.
IV. The change would be mentioned in the footnotes.

A) I, II, III and IV
B) I, II and III
C) II and IV
D) I, II and IV