When a company changes the expected service life of an asset because additional information has been obtained, which of the following should be reported?
|
Pro forma effects of retroactive application |
Cumulative effect of a change in accounting principle |
|
|
a. |
Yes |
Yes |
|
b. |
No |
Yes |
|
c. |
Yes |
No |
|
d. |
No |
No |