When an entity changed at the end of the reporting period longer or shorter than one year, an entity shall disclose all of the following except: a. Period covered by the financial statements b. The reason for using a longer or shorter period c. The fact that amounts presented in the financial statements are not entirely comparable d. The fact that similar entities in the geographical area in which the entity operates have done so in the current year
When an entity changed at the end of the reporting period longer or shorter than one year, an entity shall disclose all of the following except: a. Period covered by the financial statements b. The reason for using a longer or shorter period c. The fact that amounts presented in the financial statements are not entirely comparable d. The fact that similar entities in the geographical area in which the entity operates have done so in the current year
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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When an entity changed at the end of the reporting period longer or shorter than one year, an entity shall disclose all of the following except:
a. Period covered by the financial statements
b. The reason for using a longer or shorter period
c. The fact that amounts presented in the financial statements are not entirely comparable
d. The fact that similar entities in the geographical area in which the entity operates have done so in the current year
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