Sum-of-the-years-digits method

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Reference no: EM13128206

At the time Fisher Corporation became a subsidiary of Ashbury Corporation, Fisher switched depreciation of its plant assets from the straight-line method to the sum-of-the-years'-digits method used by Ashbury. With respect to Fisher, this change was a:

a. change in an accounting estimate.

b. correction of an error.

c. change in accounting principle.

d. change in the reporting entity.

Reference no: EM13128206

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