NO.PZ2019120301000050
问题如下：
QuestionUnless it is impractical to do so, changes in accounting policies are to be reported:选项：
A.prospectively.
B.retrospectively.
C.at the bottom of the income statement in the year of change.
解释：
SolutionB is correct. Changes in accounting policies are reported through retrospective application unless it is impractical to do so.
A is incorrect because companies may be permitted to adopt new standards prospectively, but changes in accounting policies are reported through retrospective application unless it is impractical to do so.
C is incorrect because in years prior to 2005, but not now, under both IFRS and US GAAP, the cumulative effect of changes in accounting policies was typically shown at the bottom of the income statement in the year of change instead of using retrospective application.
accounting principle和accounting policy等价嘛？这道题做错了，没有理解什么是accounting policy
