Multiple Choice
Which of the following is a change in an estimate?
A) A company changes the presentation of operating expenses from "by function" to "by nature."
B) An enterprise switches from the gross method to the net method of presenting government grants.
C) A temporary difference was treated as a permanent difference.
D) The useful life on a building was originally estimated to be 20 years but the estimated useful life of the building is changed to only 15 years as at the beginning of the year.
Correct Answer:
Verified
Correct Answer:
Verified
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