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Which of the Following Is Not Treated as a Change

Question 35

Multiple Choice

Which of the following is not treated as a change in accounting policy?


A) A change from average cost to FIFO for inventory valuation
B) A change to a different method of depreciation for plant assets
C) A change from full-cost to successful efforts in the extractive industry
D) A change from cost-recovery to percentage-of-completion

Correct Answer:

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