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Adoption of ASC Topic 606 related to revenue recognition represents a Multiple Choice voluntary change in accounting principle O mandatory change in accounting principle. O voluntary change in accounting estimate. mandatory change in accounting estimate

Adoption of ASC Topic 606 related to revenue recognition represents a Multiple Choice voluntary change in accounting principle O mandatory change in accounting principle. O voluntary change in accounting estimate. mandatory change in accounting estimate

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Adoption of ASC Topic 606 related to revenue recognition represents a Multiple Choice voluntary change in accounting principle Omandatory change in accounting principle. O voluntary change in accounting estimate. mandatory change in accounting estimate.
Transcribed Image Text:Adoption of ASC Topic 606 related to revenue recognition represents a Multiple Choice voluntary change in accounting principle Omandatory change in accounting principle. O voluntary change in accounting estimate. mandatory change in accounting estimate.
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