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Blittle5 Blittle5
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A year ago
Which of the following requires recognition in the auditor's opinion as to consistency?

▸ the correction of an error in the prior year's financial statements resulting from a mathematical mistake in capitalizing interest

▸ a change in the estimate of provisions for warranty costs

▸ the change from the cost method to the equity method of accounting for investments in common stock

▸ a change in depreciation method which has no effect on current year's financial statements but is certain to affect future years
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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cskeen80cskeen80
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A year ago
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