17. A change from the straight-line method to the double-declining-balance method of depreciation is ...

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Accounting

17. A change from the straight-line method to the double-declining-balance method of depreciation is

handled as:

a. A retrospective change back to the date of acquisition as though the current estimated life had been

used all along.

b. A cumulative adjustment to income in the current year for the difference in depreciation under the new

versus old useful life estimates.

c. A prospective change from the current year through the remainder of its useful life.

d. None of these answer choices are correct.

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