Accounting changes:
A)make it difficult to compare one period with preceding periods.
B)require detailed information to keep investors from being misled.
C)may result when companies discover errors they have made in applying accounting principles that must be corrected.
D)all of the above statements are correct.

Question

Quizplus · Accepted Answer

Accounting changes can make comparisons difficult, require detailed information to prevent misleading investors, and may result from correcting errors in applying accounting principles.

Accounting Changes