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    Intermediate Accounting Study Set 14
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    Exam 21: Accounting Changes
  5. Question
    Change in Accounting Estimate Requires That a "Catch-Up Adjustment" Be
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Change in Accounting Estimate Requires That a "Catch-Up Adjustment" Be

Question 16

Question 16

True/False

Change in accounting estimate requires that a "catch-up adjustment" be recorded and reported in the year of the change.

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