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All of the following are examples of a change in accounting principle except: 1

Accounting Sep 18, 2020

All of the following are examples of a change in accounting principle except:

1.       a change from one acceptable accounting principle to another acceptable accounting principle.

2.       a change in an accounting estimate.

3.       a change from an acceptable accounting method to a newly adopted accounting principle.

4.       a change in the method of application of an acceptable accounting principle.

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