A change in the method of inventory pricing from FIFO to average-cost would be accounted...

70.2K

Verified Solution

Question

Accounting

A change in the method of inventory pricing from FIFO to average-cost would be accounted for as a (an):

part of discontinued operations.

change in accounting principle.

accounting error.

change in estimate.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students