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Which a change in the salvage value of an asset depreciated

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Reference no: EM132694057

Problem 1: A change in the salvage value of an asset depreciated on a straight-line basis and arising because additional information has been obtained is

a An accounting change that should be reported in the period of change and future periods of change if the change affects both
b An accounting change that should be reported by restating the financial statements of all prior periods presented
c A correction of an error
d Not an accounting change

Reference no: EM132694057

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