Change in accounting principle concept

Assignment Help Accounting Basics

Reference no: EM13151383

Which of the following is not treated as a change in accounting principle?

A) A change from LIFO to FIFO for inventory valuation

B) A change to a different method of depreciation for plant assets

C) A change from full-cost to successful efforts in the extractive industry

D) A change from completed-contract to percentage-of-completion

Reference no: EM13151383

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