If it is impracticable to determine the cumulative effect at the beginning of the current period or, if it is allowed by the creation of a new accounting standard, an accounting change may be applied prospectively.

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The Answer of If it is impracticable to determine the cumulative effect at the beginning of the current period or, if it is allowed by the creation of a new accounting standard, an accounting change may be applied prospectively.

If It Is Impracticable to Determine the Cumulative Effect at the Beginning