Retrospective restatement usually is appropriate for a change in:
A)Option a
B)Option b
C)Option c
D)Option d

Name: Retrospective restatement usually is appropriate for a change in: A)Option a B)Option b C)Option c D)Option d
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Question

Retrospective restatement usually is appropriate for a change in: 
A)Option a 
B)Option b 
C)Option c 
D)Option d

Quizplus · Accepted Answer

Retrospective restatement is appropriate when there is a change in accounting policy. Option c is the only option that mentions a change in accounting policy. Options a, b, and d do not necessarily involve accounting policy changes.

Retrospective Restatement Usually Is Appropriate for a Change In