When a company decides to switch from the double-declining balance method to the straight-line method, this change should be handled as a
A)change in accounting policy.
B)change in accounting estimate.
C)prior period adjustment.
D)correction of an error.

Question

Quizplus · Accepted Answer

When a company changes from the double-declining balance method to the straight-line method, it is considered a change in accounting policy.

When a Company Decides to Switch from the Double-Declining Balance