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ACC 545 Week 6 Learning Team Assignment Consolidated
Financial Statements
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1) A company changes from percentage-of-completion to completed-
contract, which is the method used for tax purposes. The entry to
record this change should include a
2) Which of the following is accounted for as a change in accounting
principle?
3) A company changes from straight-line to an accelerated method
of calculating depreciation, which will be similar to the method used
for tax purposes. The entry to record this change should include a