Question:Under which of the following situations would prior financial reports not have to be restated? 

A The change is due to a policy change and in writing. 
B The change materially affects what EPS would have been last year. 
C The change has no impact on previous accounting or financial reports. 
D The change is due to an error in the interpretation of accounting GAAP law. 

+ Answer
D 

+ Explanation
Answer not sure

+ Report

Md. Habib Ullah

Editor, VCampus

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