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    Business
  3. Study Set
    Financial Accounting Asia
  4. Exam
    Exam 12: Profit and Changes in Retained Earnings
  5. Question
    A Retrospective Restatement Is a Correction Made To
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A Retrospective Restatement Is a Correction Made To

Question 2

Question 2

Multiple Choice

A retrospective restatement is a correction made to:


A) Retained earnings of the beginning of the period
B) Retained earnings at the end of the period
C) Profit of the current year
D) Only to last years' financial statements

Correct Answer:

verifed

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