<cma-ques _ngcontent-xsq-c288="">A change in the liability with the perspective of warranty costs requires?</cma-ques><cma-ques-set _ngcontent-xsq-c288="" class="d-flex flex-column p-3 ng-star-inserted" style="font-size: 18px;">
A. <cma-options _ngcontent-xsq-c288="" style="pointer-events: none;">restating prior-period financial statements.</cma-options>
</cma-ques-set><cma-ques-set _ngcontent-xsq-c288="" class="d-flex flex-column p-3 ng-star-inserted" style="font-size: 18px;">
B. <cma-options _ngcontent-xsq-c288="" class="correct" style="pointer-events: none;">reporting an adjustment to the beginning retained earnings balance in the statement of retained earnings.</cma-options>
</cma-ques-set><cma-ques-set _ngcontent-xsq-c288="" class="d-flex flex-column p-3 ng-star-inserted" style="font-size: 18px;">
C. <cma-options _ngcontent-xsq-c288="" style="pointer-events: none;" class="">presenting the effect of pro forma data on income and earnings per share for all prior periods presented.</cma-options>
</cma-ques-set><cma-ques-set _ngcontent-xsq-c288="" class="d-flex flex-column p-3 ng-star-inserted" style="font-size: 18px;">
D. <cma-options _ngcontent-xsq-c288="" style="pointer-events: none;" class="incorrect">reporting current and future financial statements on the new basis.
It says Option B. is the correct answer, can anyone explain.
</cma-options>
</cma-ques-set>
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Kiranraj Tanwar
Director/Manager
Nallasopara MH
India
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