Which of the following is not one of the approaches for reporting accounting changes? The change approach. O The retrospective approach. The prospective approach. O All of these answer choices are approaches for reporting accounting changes.
Which of the following is not one of the approaches for reporting accounting changes? The change approach. O The retrospective approach. The prospective approach. O All of these answer choices are approaches for reporting accounting changes.
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter7: Planning The Audit: Identifying, Assessing, And Responding To The Risk Of Material Misstatement
Section: Chapter Questions
Problem 3CYBK
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![Which of the following is not one of the approaches for reporting accounting changes?
The change approach.
O The retrospective approach.
The prospective approach.
O All of these answer choices are approaches for reporting accounting changes.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3ee33aed-9a5b-4509-b2d5-e889c7446511%2Fe5855b91-7b7a-44b9-a824-1d0a2ba025d7%2F9pzz2emb_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Which of the following is not one of the approaches for reporting accounting changes?
The change approach.
O The retrospective approach.
The prospective approach.
O All of these answer choices are approaches for reporting accounting changes.
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