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Which of the following is a change in estimate?

1) A change from thefull costing method in the extractive industries.
2) A change frompercentage-of-completion to the completed contractmethod.
3) Consolidating asubsidiary for the first time.
4) A change in thetermination rate of employees under a pension plan.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9797136

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