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A company has decided to change its depreciation method to better reflect the pattern of u

se of its equipment.

Which of the following correctly reflects what this change represents and how it should be applied?

A.It is a change of accounting policy and must be applied prospectively

B.It is a change of accounting policy and must be applied retrospectively

C.It is a change of accounting estimate and must be applied retrospectively

D.It is a change of accounting estimate and must be applied prospectively

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