Which of the following is a change in accounting principle? a. a change in the estimated service life of machinery b. a change from FIFO to LIFO c. a change from straight-line to double-declining-balance d. a change from FIFO to LIFO and a change from straight-line to double-declining-balance

Principles of Accounting Volume 1
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Chapter3: Analyzing And Recording Transactions
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Problem 5PB: Indicate what impact ( for increase; for decrease) the following transactions would have on the...
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. 9. Which of the following is a change in accounting principle? a. a change in the estimated service life of machinery b. a change from FIFO to LIFO c. a change from straight-line to double-declining-balance d. a change from FIFO to LIFO and a change from straight-line to double-declining-balance
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