A Prior Period Adjustment Appears in the Financial Statements of the Current

A prior period adjustment appears in the financial statements of the current year when:

A) An error was made in computing the net income of the current period.
B) An error was made in measuring the net income of a previous year or years.
C) A non-recurring loss in a prior year was included among normal results of operations in the prior year.
D) Earnings per share figures from prior years are restated to reflect the increased number of shares outstanding due to a stock split or a stock dividend.