Business, 24.06.2019 15:00 arianawelsh123l

Stone company changed its method of pricing inventories from fifo to lifo. what type of accounting change does this represent? a change in accounting estimate, for which the financial statements for prior periods that are included for comparative purposes should be presented as previously reported a change in accounting principle, for which the financial statements for prior periods that are included for comparative purposes should be presented as previously reported a change in accounting estimate, for which the financial statements for prior periods that are included for comparative purposes should be restated a change in accounting principle, for which the financial statements for prior periods that are included for comparative purposes should be restated

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Stone company changed its method of pricing inventories from fifo to lifo. what type of accounting c...