The cumulative effect of most changes in accounting principle is reported:
A)In the income statement between income from continuing operations and net income.
B)In the income statement after income and before income tax.
C)In the income statement before income from continuing operations.n.
D)In the balance sheet accounts affected.

Question

Quizplus · Accepted Answer

The cumulative effect of most changes in accounting principle is reported in the balance sheet accounts affected.

The Cumulative Effect of Most Changes in Accounting Principle Is