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Business, 27.05.2020 23:10 Jana1517

When a change in depreciation method occurs Group of answer choices Prior years’ financial statements should be changed to reflect the newly adopted method The cumulative effect of the change should be reflected on the income statement as of the beginning of the next year The change should be reported in current and future fiscal years The cumulative effect of the change in accounting principle should be classified as an discontinued operations on the income statement

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