When changing from the average cost method to FIFO, the company:

A. Records a journal entry to adjust the book balances from their current amounts to what those balances would have been using FIFO.
B. Revises comparative financial statements.
C. Includes in current year's income the cumulative after-tax difference that would have resulted if the company had used FIFO in all prior years.
D. All of these answer choices are correct.

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Classify each of the following items as a public good, a private good, a natural monopoly good, or a common resource.(a) measles vaccinations (b) tuna in the pacific ocean (c) airline service in the united states (d) local storm-water system

Match the situations that will develop one's personality and those that won't peter is surrounded by friends who are always encouraging him jonathan always watches television when he wants to take a break from his books libby sets small targets for herself and strives to achieve them. the smiths indulge in an animated discussion on varied topics every evening after dinner. brook loves junk food and exercises once in a while. develops your personality develops doesn't develop your personality