Which of the Following Statements Is False

Which of the following statements is false?

A) A company can change the method used for depreciating assets if the change can be justified because it provides a better measure of the company's profit.
B) A change in estimate requires the company to recalculate and restate all the prior years' estimates of depreciation and adjust the impact on the statement of financial position and income statement.
C) A change in estimate is frequently necessary because the estimates of useful lives or residual values may change over time because conditions change.
D) Either a change in estimate or a change in method can only be justified on the basis it provides a better measure of profit.