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    Intermediate Accounting Study Set 4
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    Exam 20: Accounting Changes and Error Corrections
  5. Question
    Most Changes in Accounting Principle Require a Disclosure Justifying the Change
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Most Changes in Accounting Principle Require a Disclosure Justifying the Change

Question 22

Question 22

True/False

Most changes in accounting principle require a disclosure justifying the change in the first set of financial statements after the change is made.

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