Accounting changes be accounted for prospectively


Which of the following accounting changes should not be accounted for prospectively?

A. The correction of an error.

B. A change from declining balance to straight-line depreciation.

C. A change from straight-line to declining balance depreciation.

D. A change in the expected salvage value of a depreciable asset.

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Accounting Basics: Accounting changes be accounted for prospectively
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