lAccording to the consistent principle, if a justifiable change in accounting procedure is made, the fact and effect of the change should be ___.
举一反三
- A change in accounting principle requires that the cumulative effect of the change for prior periods be shown as an adjustment to A: beginning retained earnings for the earliest period presented. B: net profit for the period in which the change occurred. C: comprehensive income for the earliest period presented. D: stockholders’ equity for the period in which the change occurred.
- Which one of the following is a change in an accounting principle（） A: A change from FIFO to LIFO. B: Recording a prior period adjustment. C: A change in the estimated service life of machinery.
- Which<br/>of the following is not a change in accounting principle? () A: A<br/>change from LIFO to FIFO B: A<br/>change in estimated salvage value of depreciable asset C: A<br/>change from an accelerated depreciation method to straight-line<br/>depreciation D: A<br/>change from historical cost to fair value accounting.
- The change in words is a change in style, and the effect on the reader is quite different.
- Perhaps it is worth trying to speak it, but it should not be laid down as an edict , and made immune to change from below.