What difficulties develop in assessing preferability, Managerial Accounting

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What difficulties develop in assessing preferability

Response to the following problem:

Parsons Inc. has proposed a change from the completedcontract to the percentage-of-completion method for financial reporting purposes. The auditor indicates that a change would be permitted only if it is to a preferable method. What difficulties develop in assessing preferability?

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Managerial Accounting: What difficulties develop in assessing preferability

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